https://www.taxtmi.com/caselaws?id=67349 The Tribunal overturned the decision of the CED (Appeals) and directed a reassessment of whether the deceased partner's share in the goodwill of the firms of Vimal & Amar Talkies should be included in the estate for estate duty assessment. The Tribunal emphasized that goodwill in a cinema business does not necessarily require ownership of theatres, highlighting various factors beyond premises ownership that contribute to goodwill. The appeal was partly allowed, indicating a need for further assessment on the inclusion of the goodwill value in the estate duty assessment. en-us Fri, 09 Jul 1982 00:00:00 +0530 Thu, 10 Mar 2011 11:45:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67349 The Tribunal overturned the decision of the CED (Appeals) and directed a reassessment of whether the deceased partner's share in the goodwill of the firms of Vimal & Amar Talkies should be included in the estate for estate duty assessment. The Tribunal emphasized that goodwill in a cinema business does not necessarily require ownership of theatres, highlighting various factors beyond premises ownership that contribute to goodwill. The appeal was partly allowed, indicating a need for further assessment on the inclusion of the goodwill value in the estate duty assessment. Case-Laws Income Tax Fri, 09 Jul 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67349