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being not referable to such capital asset, and self-created or self-generated goodwill being such asset will be outside the purview of the charging ... irrelevant and inapplicable. Moreover, the argument that if the self-created or self-generated goodwill has cost nothing to the assessee, then the actual cost

capital gains itself became unworkable in respect of certain assets like goodwill by reason of such asset not having any cost of acquisition. There ... have a cost of acquisition or that they were self-generated assets like goodwill. Therefore, the contention urged on behalf of the assessee that

Commissioner Of Income Tax vs Sdb Infrastructure Private Ltd on 29 November, 2016 FORM NO

Setty [1981] 128 ITR 294 [SC] wherein issue of self-whereas issue under generated goodwill has been discussed consideration in case of assessee is transfer

cost at all can be conceived. It, thereupon, observed that goodwill generated in a new business if sold and the consideration brought to tax, what ... land and thereupon sought to grant a mining lease of the self-same land to a private company at a premium. It was contended that

cases for the proposition that where the asset was self-created or self-generated, it did not have any cost of acquisition ... assessee by his own effort as in the case of goodwill. It is a case of a straight forward transaction in capital assets resulting

Smt. Nipa Dhar (Nee Ghosh) vs National Aviation Company Of India Ltd. ... on 10 December

Skipper Limited vs Akash Bansal & Ors on 9 August, 2017 Author: Soumen Sen Bench

Exxon Mobil Corporation And Anr vs Mr. P.K. Sen on 27 September, 2018 Author

Kawsar Alam Mutwali Penda And Ors. vs State Of West Bengal And Ors. on 26