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Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Payments made to retiring partners - whether in the nature of ...


High Court Affirms Retiring Partner Payments as Goodwill Eligible for Depreciation Under Tax Laws.

April 5, 2016

Case Laws     Income Tax     HC

Payments made to retiring partners - whether in the nature of compensation can be termed as goodwill and subsequently eligible for depreciation? - claim of depreciation allowed - HC

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