Deprecation on goodwill - assessee has fully written off ...

Case Laws Income Tax

August 31, 2019

Deprecation on goodwill - assessee has fully written off goodwill in the books of accounts - section 32(1)mandates that the block of assets should exists to claim depreciation - Since, goodwill is not treated as an asset in its books of accounts, the question of allowing depreciation on such non existing asset does not arise

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Deprecation on goodwill - assessee has fully written off ...

Case Laws Income Tax

August 31, 2019

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