Denial of depreciation on goodwill and intangibles - the excess ...

Depreciation on Goodwill Allowed: Excess Consideration as Business Rights Qualifies u/s 32 of Income Tax Act.

January 28, 2019

Case Laws Income Tax AT

Denial of depreciation on goodwill and intangibles - the excess consideration paid over and net asset value of the business acquired shall be goodwill being ‘any other business or commercial rights of similar nature’ and will be entitled for depreciation u/s 32

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Denial of depreciation on goodwill and intangibles - the excess ...

Depreciation on Goodwill Allowed: Excess Consideration as Business Rights Qualifies u/s 32 of Income Tax Act.

January 28, 2019

Case Laws Income Tax AT

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