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Income Tax - Highlights / Catch Notes

Home Highlights June 2014 Year 2014 This

Allowability of depreciation on the value of goodwill – CIT(A) ...


Court Rules Taxpayers Can Claim Depreciation on Goodwill; Depreciation Benefit Denial Overturned by ITAT.

June 24, 2014

Case Laws     Income Tax     AT

Allowability of depreciation on the value of goodwill – CIT(A) is not justified in denying the benefit of depreciation claimed by the assessee on the ‘goodwill’ - AT

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