https://www.taxtmi.com/caselaws?id=378224 The Tribunal partially allowed the appeal, treating the Rs. 29,00,000 received for the sale of "client relationship and goodwill" as long-term capital gain eligible for exemption under Section 54EC. Additionally, it reversed the disallowance of Rs. 49,72,773 out of the bonus paid to partners, holding that the supplementary deeds quantifying the bonus were valid and applicable for the entire financial year. Consequently, this ground of appeal was allowed in favor of the assessee. en-us Fri, 29 Mar 2019 00:00:00 +0530 Wed, 10 Apr 2019 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378224 The Tribunal partially allowed the appeal, treating the Rs. 29,00,000 received for the sale of "client relationship and goodwill" as long-term capital gain eligible for exemption under Section 54EC. Additionally, it reversed the disallowance of Rs. 49,72,773 out of the bonus paid to partners, holding that the supplementary deeds quantifying the bonus were valid and applicable for the entire financial year. Consequently, this ground of appeal was allowed in favor of the assessee. Case-Laws Income Tax Fri, 29 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378224