2019 (11) TMI 1711

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hallenges the order dated 17 August 2016 passed by the Income Tax Appellate Tribunal (the Tribunal). The impugned order dated 17 August 2016 is in respect of Assessment Year 2009-10. 2. Revenue urges the following question of law, for our consideration : 'Whether on the facts and in circumstances of the case and in law the Tribunal was justified in holding that the assessee is entitled to claim .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... at the amount to be paid for taking over the assets of the transferer Company be treated as goodwill to the extent they are in excess of the assets taken over. 4. In view of the fact that the issue stands concluded by the decision of the Apex Court in the case of Smifs Securities (supra), the question as proposed does not give rise to any substantial question of law. Thus not entertained. 5. Acc .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X