whether CG will arise on sale of self generated good will of CA in practice
if applicable under which section and if exempt under which section exempted..
Self generated goodwil is taxable
Sec 55 self generated asset like goodwill of business, tenancy right etc. for which cost is not ascertainable, it's cost consider as nil and whole amount liable for CG
But,
Professional goodwill sold out is not liable for CG as per Supreme Court judgement in the case of B.C. Shrinivasa shetty
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