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2017 (3) TMI 1303 - AT - Income TaxDisallowance of depreciation on goodwill - slump sale - Held that:- The balance consideration out of slump sale consideration after adjusting the value of asset and liabilities is, the value of goodwill in the hands of the assessee, which is intangible assets, on which the assessee is eligible to claim the depreciation. Accordingly, we hold so. See Triune Energy Services Private Limited & Ors. Vs. DCIT [2015 (11) TMI 1218 - DELHI HIGH COURT ] - Decided in favour of assessee
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