VATSALA SHENOY vs. JT.COMMISSIONER OF INCOME TAX

1 SCC 659 : 193 ITR 321 8 (2014) 13 SCC 459 : 358 ITR 295 Page 19 JUDGMENT 19 21) Mr. Radhakrishnan, learned senior counsel appearing for the Revenue, has refuted the aforesaid premise of the argument by submitting that though it was sold as a going concern, nevertheless, the assets were that of a dissolved firm as the firm