https://www.taxtmi.com/acts?id=20398 Clause 12 amends section 28 by adding "or profession" to clause (va) so that any sum, whether received or receivable, in cash or kind, under an agreement for not carrying out any activity relating to a profession is chargeable to tax under the head Profits and gains of business or profession; the amendment applies prospectively to the relevant assessment years. en-us Mon, 29 Feb 2016 16:17:43 +0530 Mon, 29 Feb 2016 16:17:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20398 Clause 12 amends section 28 by adding "or profession" to clause (va) so that any sum, whether received or receivable, in cash or kind, under an agreement for not carrying out any activity relating to a profession is chargeable to tax under the head Profits and gains of business or profession; the amendment applies prospectively to the relevant assessment years. Act-Rules Bill Mon, 29 Feb 2016 16:17:43 +0530 https://www.taxtmi.com/acts?id=20398