Tag Archives: Tax on Non Compete Fees

Tax on Non Compete Fees of Business or Profession

By | May 23, 2016

Tax on Non Compete Fees of Business or Profession Section 28(va) of Income Tax Act 1961    The existing provision of clause (va) of section 28 of the Income Tax Act 1961  includes within the scope of “profit and gains of business or profession” any sum received or receivable in cash or in kind under an agreement… Read More »