Depreciation on goodwill generated in the scheme of amalgamation ...

Case Laws Income Tax

November 23, 2021

Depreciation on goodwill generated in the scheme of amalgamation - the depreciation on the goodwill originated in the earlier year cannot be disturbed in the year under consideration without disturbing the year in which it was instigated. In fact, the claim of the assessee for the amount of depreciation on the goodwill should be allowed based on consistency in the given facts and circumstances. - AT

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Depreciation on goodwill generated in the scheme of amalgamation ...

Case Laws Income Tax

November 23, 2021

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