THE PRINCIPAL COMMISSIONER OF INCOME TAX, vs. GRACY BABU,
ITA/48/2020HC Kerala03 Apr 2024
Bench: HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR,HONOURABLE MR. JUSTICE SYAM KUMAR V.M.
For Respondent: THE PRINCIPAL COMMISSIONER OF INCOME TAX
2) thereof clarifies that for the purposes of sections 48 and 49. "cost of
acquisition" in on to a capital asset, being goodwill of a business or a trade mark
or brand name associated with a business or a right to manufacture, produce or
process any article or thing or right to carry on any business, tenancy rights,
stage carriage
