2018 (8) TMI 858

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....r Mr.S.Sridhar JUDGMENT ( Judgment of the Court was delivered by M. M. Sundresh, J. ) Aggrieved over the order passed by the Tribunal, by formulating the following substantial questions of law in respect of the assessment year 2005-2006, the Revenue has preferred the present appeal: "1.Whether on the facts and in the circumstances of the case, the Appellate Tribunal was right in ....

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....his Court has held as under: "27. Coming to Tax case (Appeal) No.1175 of 2008, the question before us is whether brand equity would be an intangible asset eligible for depreciation in terms of Section 32(1)(ii) of the Act that defines intangible assets in the following terms; "(ii) know-how, patents, copyrights, trade marks, licences, franchises or any other business or commercia....