https://www.taxtmi.com/caselaws?id=381082 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision on both issues related to the non-compete fees and the treatment of termination and severance fees. The non-compete fees were considered legitimate and not added as taxable income, while the termination and severance fees were treated as capital gains, in line with their impact on the business structure. en-us Mon, 08 Apr 2019 00:00:00 +0530 Mon, 03 Jun 2019 18:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381082 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision on both issues related to the non-compete fees and the treatment of termination and severance fees. The non-compete fees were considered legitimate and not added as taxable income, while the termination and severance fees were treated as capital gains, in line with their impact on the business structure. Case-Laws Income Tax Mon, 08 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381082