TMI Blog1991 (2) TMI 40X X X X Extracts X X X X X X X X Extracts X X X X ..... he Income-tax Act, 1961 : "Whether, on the facts and in the circumstances of the case, the Tribunal was justified in law in upholding the decision of the Appellate Assistant Commissioner that the amount received by the assessee on sale of goodwill is not liable to capital gains tax ? " The short facts leading to the making of this reference are as under : (a) The assessment year involved is ..... X X X X Extracts X X X X X X X X Extracts X X X X
|