M/S.VIRTUAL SOFT SYSTEMS LTD. vs. COMMISSIONER OF INCOME TAX, DELHI-I
C.A. No.-007115-007115 - 2005Supreme Court06 Feb 2007
For Respondent: Commissioner of Income Tax, Delhi-I
Section 260ASection 271(1)(c)Section 68
50,000 from a dissolved partnership to a newly constituted one.
Despite the fact that this Court found that goodwill was an "asset of
the business", it was held that the charge of capital gains could not be
levied because under section
