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
2 & 3
21.
As a preface to answering these questions, we must accept and
acknowledge that intellectual property rights have a value. There is a tacit
acceptance of this in Bharat Beedi Works (P) Ltd. v. CIT4 wherein it has
been observed that there is a value attached to a brand name.
22.
Proceeding from this starting point, it must
