Non-Compete Fees paid to Employees not Taxable as per Indo-USA Tax Treaty: Karnataka HC [Read Judgment]

The High Court of Karnataka held that the amount paid to the employees under the non-compete agreement is covered by the expression ‘salary/profits in lieu of salary’, which is not taxable in India in view of Article 16 of Double Taxation Avoidance Agreement (DTAA) between India and U.S.A. Two employees i.e. M.S.Kumar and Mr. Kevin […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2AykNqR