https://www.taxtmi.com/caselaws?id=5723 The Supreme Court affirmed the High Court's judgment, dismissing the appeal with costs. The Court held that the consideration received from the assignment of import licenses did not meet the requirements for tax exemption under section 104 of the Income-tax Act, 1961. en-us Tue, 09 Mar 1999 00:00:00 +0530 Thu, 27 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5723 The Supreme Court affirmed the High Court's judgment, dismissing the appeal with costs. The Court held that the consideration received from the assignment of import licenses did not meet the requirements for tax exemption under section 104 of the Income-tax Act, 1961. Case-Laws Income Tax Tue, 09 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5723