Sponsored
    Follow Us:

Case Law Details

Case Name : Dandvati Investments & Trading Company Pvt. Ltd. Vs ACIT (ITAT Mumbai)
Related Assessment Year : 2006-07
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

Dandvati Investments & Trading Company Pvt. Ltd. Vs ACIT (ITAT Mumbai)

ITAT Mumbai held that the amount of non-compete fee is taxable under section 28(va) of the Income Tax Act under the head ‘Income from Business & Profession’.

Facts- Apart from other grounds, the assessee has preferred the present appeal on the ground of enhancement of total income holding non-compete fees as business income.

Conclusion- The Co-ordinate Bench of Tribun

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31