Taxability of non compete fees

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....axability of non compete fees<br> Query (Issue) Started By: - pankaj jhawar Dated:- 20-7-2009 Last Reply Date:- 21-7-2009 Income Tax<br>Got 1 Reply<br>Income Tax<br>How the non compete fees is taxable....

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....? wheher the same can be amortised. What are the relevant case law and section for the same. Reply By Rama Krishana: The Reply: Non-compete fee may be treated as capital receipt. But the situation a....

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....nd terms of the contract may determine the nature of income actually. You may refer decision of high court as cited : 2008 TMI - 30972 - MADHYA PRADESH HIGH COURT.<br> Discussion Forum - Knowledge Sha....

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....ring ....