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Depreciation on goodwill account - Even if the cost of shares allotted to the shareholders of JKSL is considered to be the cost of goodwill acquired by the assessee, as it was shown as part of means of finance, even then it is eligible for depreciation - Tri

Income Tax - Depreciation on goodwill account - Even if the cost of shares allotted to the shareholders of JKSL is consi .....

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