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2003 (8) TMI 14 - HC - Income TaxWhether the brand name in respect of eight items of medicines sold by the assessee for a consideration of Rs. 4 lakhs to M/s. Vysali Pharmaceuticals (P.) Ltd. is exigible to capital gains tax – effect of the amendment to clause (a) of sub-section (2) of section 55 - Admittedly this amendment is having only prospective effect from April 1, 2002. However, the effect of the amendment in relation to the earlier period is necessarily a matter to be considered by the Tribunal while determining the question as to whether brand name associated with a business was taken in within the expression goodwill - We emit the matter to the Tribunal for passing fresh orders
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