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Income Tax - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

Depreciation on goodwill - as the function of goodwill acquired ...

Case Laws     Income Tax

August 11, 2012

Depreciation on goodwill - as the function of goodwill acquired by the assessee also is to maximizes the profits of the company & as the assessee's goodwill being a valuable commercial asset similar to other intangibles specified in the definition of block assets, is eligible to depreciation - AT

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