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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Payment made towards goodwill for ensuring retention and ...


Depreciation Allowed on Goodwill Payments for Hospital Acquisition; Comparable to Trademark and Franchise Rights.

January 13, 2014

Case Laws     Income Tax     AT

Payment made towards goodwill for ensuring retention and continued business in the hospital acquired by assessee on going concern basis is comparable with trademark, franchise, copyright etc. - Depreciation allowed - AT

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