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
27.
The High Court denied any benefit to the Assessee under
Section 35A and Section 35AB of the Act since it was held that what was
auctioned off was only goodwill and no amount was spent by AOP-3
towards acquisition of trademarks, copyrights and know-how. In coming to
this conclusion, reliance was placed on the Report
