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1991 (2) TMI 40 - BOMBAY HIGH COURTExtract: .......l gains tax as goodwill is self-generated asset of the assessee. In this view of the matter, the question involved here is directly covered by the judgment of the Supreme Court in CIT v. B. C. Srinivasa Setty 1981 128 ITR 294. We, accordingly, answer the question in the affirmative and in favour of the assessee. There shall be no order as to costs.
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