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Income Tax - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

Computation for the income chargeable under the head 'capital ...

Case Laws     Income Tax

December 30, 2015

Computation for the income chargeable under the head 'capital gains' - If the arguments of the revenue that the transfer of trade mark itself is goodwill of a business is accepted, then there was no necessity for the Legislature to amend Section 55(2)(a) of the Act inserting the words "trade mark" or "brand name" associated with the business by Finance Act, 2001 - HC

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