Search Results for Tag : Goodwill
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SC: Plaintiff Must Prove Sale/Advertisement Expenses to Establish Goodwill in Passing Off Suit(18.09.2023)
Supreme Court has held that in a suit for passing off, plaintiff must prove the figures of sales and expenditure incurred on the advertising and promo.....
Tags : Supreme Court, Passing Off, Goodwill
ITAT Mumbai Allows Depreciation on Goodwill Resulting from Acquisition of Business Unit(28.01.2020)
Income Tax Appellate Tribunal (ITAT) Mumbai has allowed depreciation on goodwill resulting from the acquisition of Business Unit of Lee & Muirhead Pvt.....
Tags : Income Tax Appellate Tribunal, Depreciation on Goodwill
Del. HC: Goodwill/Reputation Acquired After ‘Terminus Ad Quem’ is of No Consequence(02.01.2024)
Delhi High Court has observed that terminus ad quem, by which date the plaintiff has to prove the acquisition of the requisite goodwill for a plea of .....
Tags : Delhi High Court, Goodwill, Terminus Ad Quem
ITAT, Ahmedabad: Transaction Not Colorable Because Assessee Claimed Depreciation on Goodwill(19.11.2020)
Income Tax Appellate Tribunal (ITAT), Ahmedabad has held that the transaction cannot be regarded as a colorable device merely on the basis that assess.....
Tags : Income Tax Appellate Tribunal, Depreciation on Goodwill
Sale of Client Relationship and Goodwill by CA Firm Constitute Capital Gain: ITAT(10.04.2019)
Income Tax Appellate Tribunal (ITAT), Delhi bench has held that sale of client relationship and goodwill by firm is capital asset under section 2(14),.....
Tags : ITAT, CA Firm, Sale of Client Relationship and Goodwill
Delhi HC: Prior Use in One Jurisdiction Would Not Entitle User to Exclusive Rights in Other Dominion(23.04.2020)
Delhi High Court has denied interim injunction in an Application wherein the Plaintiff, while not having business operations in India could also not p.....
Tags : Delhi High Court, Goodwill in One Jurisdiction
Bom. HC: For Exemption Under Notification u/s 15(1) of Bombay Rent Act, Purchase of Goodwill is Must(10.10.2024)
Bombay High Court has observed that in order to obtain the benefit under notification issued by the State Government under Section 15(1) of the Bombay.....
Tags : Bombay High Court, Bombay Rent Act, Goodwill