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Income Tax - Highlights / Catch Notes

Home Highlights May 2011 Year 2011 This

Goodwill - Excess payment over and above the cost of tangible ...


Goodwill Depreciation Limited to 50% for Trade Rights in Tax Case Ruling.

May 14, 2011

Case Laws     Income Tax     AT

Goodwill - Excess payment over and above the cost of tangible assets – only 50% of the amount is eligible for Depreciation as right to carry trade

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