https://www.taxtmi.com/caselaws?id=355947 The Tribunal ruled in favor of the assessee, holding that the amount received on retirement from the partnership firm as goodwill is not taxable as capital gain. The additions made by the Assessing Officer and enhanced by the Commissioner of Income Tax (Appeals) were deleted, and the appeal of the assessee was allowed. en-us Mon, 19 Feb 2018 00:00:00 +0530 Wed, 21 Feb 2018 21:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355947 The Tribunal ruled in favor of the assessee, holding that the amount received on retirement from the partnership firm as goodwill is not taxable as capital gain. The additions made by the Assessing Officer and enhanced by the Commissioner of Income Tax (Appeals) were deleted, and the appeal of the assessee was allowed. Case-Laws Income Tax Mon, 19 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355947