Post amendment in s. 28(va) Non-compete fee is liable to be taxed under business income

IN THE ITAT MUMBAI BENCH ‘A’ Anurag Toshniwal Versus Deputy Commissioner of Income-tax – 1(3), Mumbai D. Manmohan, VICE-PRESIDENT AND N.K. BILLAIYA, ACCOUNTANT MEMBER IT APPEAL NOs. 7032 & 7034 (MUM.) OF 2012 [ASSESSMENT YEAR 2009-10] JANUARY  16, 2013 ORDER N.K. Billaiya, Accountant Member These two separate appeals pertaining to two different assessees are directed against the two different orders of the Ld. CIT(A)-2, Mumbai dt.11.10.2012 pertaining to A.Y. 2009-2010. As common issues are involved in both these appeals, these appeals were heard togeth...