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(Querist)
09 December 2009 Dear Experts


Mr. A is Caring a Company RDS Consultants private limited. Than Mr. A is Sell is Goodwill Rs. 500000

This Goodwill is treated as a business Goodwill or Professional Goodwill

Above receipt of amount is Taxable u/h Capital gain
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veena

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veena (Expert)
16 December 2009 Yes. Cost of acq will be nil. Ref. sec.55(2)

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