https://www.taxtmi.com/caselaws?id=67209 The Appellate Tribunal partially allowed the appeal, overturning the Controller (Appeals) decision that the firm of Vimal and Amar Talkies did not have goodwill. The Tribunal held that the firm indeed possessed goodwill, emphasizing that goodwill in a cinema business is not solely dependent on ownership of premises. The case was remanded to determine if the deceased partner's share in the firm's goodwill should be included in the estate for estate duty assessment. en-us Fri, 09 Jul 1982 00:00:00 +0530 Wed, 09 Mar 2011 15:26:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67209 The Appellate Tribunal partially allowed the appeal, overturning the Controller (Appeals) decision that the firm of Vimal and Amar Talkies did not have goodwill. The Tribunal held that the firm indeed possessed goodwill, emphasizing that goodwill in a cinema business is not solely dependent on ownership of premises. The case was remanded to determine if the deceased partner's share in the firm's goodwill should be included in the estate for estate duty assessment. Case-Laws Income Tax Fri, 09 Jul 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67209