Compensation for Not Engaging in Business Activity is Taxable Income u/s 28(va)(a) of Income Tax Act. https://www.taxtmi.com/highlights?id=40716 The compensation so paid for not carrying any activity in relation to any business (commodity trading business) would be taxable going by the plain meaning of section 28(va)(a). en-us Tue, 07 Aug 2018 08:37:42 +0530 Tue, 07 Aug 2018 08:37:42 +0530 TaxTMI RSS Generator Compensation for Not Engaging in Business Activity is Taxable Income u/s 28(va)(a) of Income Tax Act. https://www.taxtmi.com/highlights?id=40716 The compensation so paid for not carrying any activity in relation to any business (commodity trading business) would be taxable going by the plain meaning of section 28(va)(a). Highlights Income Tax Tue, 07 Aug 2018 08:37:42 +0530 https://www.taxtmi.com/highlights?id=40716