https://www.taxtmi.com/caselaws?id=27172 Goodwill of a partnership firm was treated as an asset capable of valuation and passing on the death of a partner for estate duty purposes. The earlier view excluding goodwill from the estate had been overruled, and the deceased partner's share in such goodwill was held to devolve on legal representatives. The Tribunal was therefore wrong in excluding the share in goodwill from the deceased's estate, and the issue was answered in favour of the Revenue and against the assessee. en-us Fri, 20 Sep 1985 00:00:00 +0530 Thu, 11 Feb 2010 12:34:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27172 Goodwill of a partnership firm was treated as an asset capable of valuation and passing on the death of a partner for estate duty purposes. The earlier view excluding goodwill from the estate had been overruled, and the deceased partner's share in such goodwill was held to devolve on legal representatives. The Tribunal was therefore wrong in excluding the share in goodwill from the deceased's estate, and the issue was answered in favour of the Revenue and against the assessee. Case-Laws Income Tax Fri, 20 Sep 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27172