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Non-Compete Fee Related To Profession Is Made Taxable Only w.e.f. AY 2017-18: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that a non-compete fee related to a profession is made taxable only with effect from AY 2017–18, and the non-compete fee in. ....

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Lenders eye Subhash Chandra's non-compete windfall

If Chandra refuses to pay, some of Essel’s banks and non-banking financial companies plan to oppose a company court approving the proposed Zee-Sony merger ....

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