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2014 (10) TMI 360 - BOMBAY HIGH COURTMaintainability of appeal - Bar of limitation – Trademarks acquired by assessee or not – Held that:- There is an agreement under which M/s.Godrej Soaps Ltd. allowed the Assessee the use of its trade mark for seven years - the tribunal noted that the trade marks have not been acquired by the assessee - There is what is termed as registered user agreement - the rights conferred have been looked as inconclusive and enduring in nature, that the findings of facts rendered by the tribunal cannot be termed as perverse - AO has erroneously assumed that the trade mark has been acquired by the assessee by the arrangement brought to his notice - the tribunal did not committed any error in following the principle of consistency and applying its earlier view no substantial question of law arises for consideration – Decided against revenue.
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