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1953 (10) TMI 38 - MADRAS HIGH COURTExtract: .......name but the goodwill itself in consideration of paying the amount in three instalments. The expenditure, therefore, has been rightly held to be capital expenditure and the question referred to us must therefore be answered in the affirmative and against the assessee. As the assessee has failed, he must pay the costs of the respondent, ₹ 250.
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