https://www.taxtmi.com/caselaws?id=66403 The Tribunal partially allowed the assessee's appeal. It upheld the allowance of depreciation on goodwill and dismissed the CIT's invocation of Section 263. However, it affirmed the disallowance of the fee paid to RoC, the reworking of book profits under Section 115JB, and the computation of capital gain on the sale of land. en-us Wed, 04 Nov 2009 00:00:00 +0530 Mon, 09 Oct 2023 18:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66403 The Tribunal partially allowed the assessee's appeal. It upheld the allowance of depreciation on goodwill and dismissed the CIT's invocation of Section 263. However, it affirmed the disallowance of the fee paid to RoC, the reworking of book profits under Section 115JB, and the computation of capital gain on the sale of land. Case-Laws Income Tax Wed, 04 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66403