Friday, October 23, 2009 |
1. Sri. H.S.Ramachandra Rao (Karnataka High Court) Amount received on account of honorary post of Secretaryship and Life membership in a society: Held Taxable receipt not Capital in Nature.
2. M/s Tata Coffee Ltd. (Karnataka High Court) Non Compete Fees: Received held as Taxable receipt and not capital in nature.
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"Voice of CA" CA. Kapil Goel, Moderator-Direct Taxes, Mob:9910272806, cakapilgoel@gmail.com CA. Sidharth Jain, Co-Moderator, Mob: 9810418700, sidhjasso@yahoo.com CA. Mukesh K Bansal, Co-Moderator-FEMA, mkak@rediffmail.com |
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