M/S MANGALORE GANESH BEEDI WORKS vs. COMMISSIONER OF INCOME TAX, MYSORE
The appeals are disposed of in the above terms
C.A. No.-010547-010548 - 2011Supreme Court15 Oct 2015
Section 35ASection 37
6
ITA No.258 (Bangalore/1997) decided on 10th July, 1997 relevant to Assessment Year
1995-96
10
Page 11
JUDGMENT
were comprised in the assets of the business and not goodwill. It was also
held that when the Revenue alleges that it is goodwill and not trademarks
etc. that is transferred, the onus will be on the Revenue to prove
