Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1988 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1988 (8) TMI 75 - GAUHATI HIGH COURTExtract: ....... this case over again. Therefore, we hold that the Tribunal was justified in holding that the goodwill of the firm is not to be included. The first question is answered in the negative, in favour of the Revenue, and against the assessee. The second question is answered in the affirmative, in favour of the assessee and against the Revenue. No costs.
|