Debate on Trademark Transfer as Capital Gains: Distinction from Business Goodwill Clarified by Finance Act, 2001 Amendment to Section 55(2)(a).

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....Computation for the income chargeable under the head 'capital gains' - If the arguments of the revenue that the transfer of trade mark itself is goodwill of a business is accepted, then there was no necessity for the Legislature to amend Section 55(2)(a) of the Act inserting the words "trade mark" or "brand name" associated with the business by Finance Act, 2001 - HC....