Depreciation on Goodwill - depreciation on Customer Relationship ...
Court Recognizes Goodwill as Asset, Permits Depreciation on Customer and Vendor Relationships as Business Rights.
July 1, 2019
Case Laws Income Tax AT
Depreciation on Goodwill - depreciation on Customer Relationship (CR) & Vendor Relationship (VR) considering them to fall under Any other business or commercial rights of similar nature - 'Goodwill' is an asset - claim allowed.
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