https://www.taxtmi.com/caselaws?id=71726 The Appellate Tribunal upheld the deduction of income-tax liability for computing goodwill of firms in a departmental appeal, emphasizing equity and the partner's perspective. Additionally, the Tribunal supported the use of a two years purchase price multiplier instead of three years for a specific commission agent firm in the agricultural market yard due to the lack of significant goodwill. The departmental appeal was dismissed, affirming these decisions. en-us Fri, 24 Oct 1980 00:00:00 +0530 Tue, 26 Apr 2011 17:36:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71726 The Appellate Tribunal upheld the deduction of income-tax liability for computing goodwill of firms in a departmental appeal, emphasizing equity and the partner's perspective. Additionally, the Tribunal supported the use of a two years purchase price multiplier instead of three years for a specific commission agent firm in the agricultural market yard due to the lack of significant goodwill. The departmental appeal was dismissed, affirming these decisions. Case-Laws Income Tax Fri, 24 Oct 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71726