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I.T.AS. NOS.4670/LB AND 5200/LB OF 1997, DECIDED ON 27TH MARCH, 1999 versus I.T.AS. NOS.4670/LB AND 5200/LB OF 1997, DECIDED ON 27TH MARCH, 1999

First Schedule, Part IV, Para 4 Capital Acquisition Capital Asset Acquisition Date states that since the date of acquisition of goodwill was not known, capital generated could not be taxed. The asset's obligation to disclose the date of acquisition of the capital was on the date of the assessment on which goodwill began to appear in the Accounts Notes, which would be considered as the date of acquisition if the goodwill preceded the date of sale. If not displayed in the accounts, the date of acquisition will be the date of acquisition top civil advocates from Bewal lawyer