TMI BlogEjusdem Generis Principle Applied to Goodwill Interpretation under Explanation 3(b), Section 32(1) of Income Tax Act.Goodwill - The principle of ejusdem generis would strictly apply while interpreting the said expression - Goodwill is an asset under Explanation 3(b) to section 32(1). - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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