Good will of business
Good will of business legal meaning, translation and judicial precedents.
Meaning & Judicial Interpretation: (اردو مفہوم اور قانونی تشریح)
Connotation-Term `goodwill of business' being a composite thing has wide connotation and includes every positive advantage acquired in carrying on business whether connected with premises of business or its name and style and everything connected with or carrying with it benefit of business.
"Good will of business", Pakistan Law Portal, available at: https://paklawportal.com/words-terms-maxims/14230
Precedents & Case Laws citing "Good will of business"
1985 P T D 787
REHMAN CORPORATION, HYDERABAD Versus THE INCOME‑TAX OFFICER, MIRPURKHAS AND ANOTHER
Court: Karachi High CourtP L D 1984 Lahore 345
MUHAMMAD YOUNAS‑Petitioner Versus CHAIRMAN MUNICIPAL COMMITTEES, SAHIWAL AND OTHERS‑Respondents
Court: ‑‑‑ Ss. 12 (2) (b) & 50 (7‑A)‑Punjab Local Government Ordinance (VI of 1979), Ss. 136 to 145‑Provisional Constitution Order (I of 1931), Art. 9‑Words "Estate", "property" and "source of income" used in S. 12 (2) (b), Income‑tax Ordinance, 1979‑Word "property" does not only mean tangible property, building or lands appertaining thereto but also includes intangible property‑Word `property' used in S. 12 (2) (b), Income‑tax Ordinance, 1979 has been used in its ordinary and accepted meaning i.e. any possible interest which a person can acquire, hold or enjoy.‑Words and phrases.P L D 2007 Supreme Court 517
COLLECTOR OF CUSTOMS, SALES TAX AND CENTRAL EXCISE and others — Appellants Versus Messrs SANGHAR SUGAR MILLS LTD. KARACHI and others — Respondents
Court: Supreme Court of Pakistan2008 P T D 1693
COLLECTOR SALES TAX AND CENTRAL EXCISE, RAWALPINDI Versus Messrs WAH NOBEL CHEMICAL LTD., WAH CANTT.
Court: Lahore High Court2002 P T D (Trib) 300
N/A
Court: Customs, Excise and Sales Tax Appellate Tribunal2011 P T D (Trib
N/A
Court: Inland Revenue Appellate Tribunal of Pakistan1999 P T D 1569
A.B.C. INDIA LTD. Versus COMMISSIONER OF INCOME-TAX
Court: 226 I T R 9141994 P T D 5
UNIVERSAL RADIATORS Versus COMMISSIONER OF INCOME-TAX
Court: 201 I T R 8001989 S C M R 1366
Mst. SAIRA BAI Appellant Versus Syed ANISUR RAHMAN‑‑Respondent .
Court: High Court2002 P T D 2845
Messrs SERVICE INDUSTRIES LIMITED through Executive (Customs, Excise & Sales Tax) Mirza Rashid Baig Versus FEDERATION OF PAKISTAN through Ministry of Finance, Revenue and Economic Affairs, Islamabad and 5 others
Court: Lahore High Court