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1985 (10) TMI 40 - PUNJAB AND HARYANA HIGH COURTExtract: .......ers acquired use of the goodwill to the exclusion of the heirs of the deceased. The transaction, therefore, did not involve the purchase of any goodwill, but what was purchased was only the exclusive right of its use. The referred question is accordingly answered in the affirmative, i.e., in favour of the assessee and against the Revenue. No costs.
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