Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1986 (10) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1986 (10) TMI 19 - MADHYA PRADESH HIGH COURTExtract: .......to a partnership and thus there could be no question of any gift of goodwill or development rebate reserve by the assessee to the other partner. For all these reasons, our answer to the question referred to this court is in the affirmative and against the Revenue. In the circumstances of the case parties shall bear their own costs of the reference.
|