TMI BlogCourt Recognizes Goodwill as Asset, Permits Depreciation on Customer and Vendor Relationships as Business Rights.Depreciation on Goodwill - depreciation on Customer Relationship (CR) & Vendor Relationship (VR) considering them to fall under Any other business or commercial rights of similar nature - 'Goodwill' is an asset - claim allowed. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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