https://www.taxtmi.com/caselaws?id=208300 The court partially allowed the appeal, directing the Assessing Officer to apportion the consideration received for the transfer of the marketing undertaking, segregating tangible depreciable assets from intangible assets. The portion attributable to tangible depreciable assets is subject to capital gains tax under Section 45 read with Section 50 of the Income Tax Act, 1961. The Assessing Officer is required to complete the apportionment exercise within three months from the court's order. en-us Fri, 21 Jan 2011 00:00:00 +0530 Mon, 17 Dec 2012 16:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208300 The court partially allowed the appeal, directing the Assessing Officer to apportion the consideration received for the transfer of the marketing undertaking, segregating tangible depreciable assets from intangible assets. The portion attributable to tangible depreciable assets is subject to capital gains tax under Section 45 read with Section 50 of the Income Tax Act, 1961. The Assessing Officer is required to complete the apportionment exercise within three months from the court's order. Case-Laws Income Tax Fri, 21 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208300