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Income Tax - Highlights / Catch Notes

Home Highlights September 2014 Year 2014 This

Depreciation on goodwill – it could not be held that the ...


Court Allows Goodwill Depreciation After Finding Transactions Genuine, With Legitimate Business Purpose.

September 10, 2014

Case Laws     Income Tax     AT

Depreciation on goodwill – it could not be held that the transactions were sham or otherwise not for business purpose - depreciation allowed - AT

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