Non compete fees

Tax queries 586 views 1 replies

can non - compete fees paid by the transferee company to the shareholders of the transferor company be amortized over a period of 5 years by the transferee company under sec 35D.

Replies (1)
Dear Raghunathan Section 35 of Income Tax is related to specified purpose. Please write me full case. my email id is sachinagarwalcallb @ gmail.com


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