Taxability of goodwill - whether sum received by the company ...

Income Tax

April 29, 2015

Taxability of goodwill - whether sum received by the company from its collaborators on account of goodwill not exigible to tax as held by Tribunal - Held No - it cannot be held that the valuation of goodwill made by the assessee was unreasonable or untenable in law. - HC

View Source

← Previous Next →

Taxability of goodwill - whether sum received by the company ...

Income Tax

April 29, 2015

You may also like:

Dissolution of partnership - taxability of sum received by a partner - Any amount paid to a partner as his share on dissolution of the partnership firm cannot be...

Year of taxability of the consideration received for the sale of goodwill - the Tribunal erred in deleting the addition on account of goodwill when the same has, as a...

Taxability of the amount received by the assessee from his HUF, in which he is a coparcener - money received without consideration -Taxability of gift received by the...

Depreciation on goodwill - business or commercial rights acquired - goodwill is an asset under Explanation 3(b) to section 32(1) - the depreciation allowed even on the...

Transfer of goodwill - Capital gains - Amounts received on retirement by a partner is not subject to capital gains tax - HC

Depreciation on goodwill - goodwill as acquired during business acquisition - We find merit in the argument of assessee that the net balance of purchase consideration...

Depreciation on Goodwill - depreciation on Customer Relationship (CR) & Vendor Relationship (VR) considering them to fall under Any other business or commercial rights...

Allowability of depreciation on the value of goodwill – CIT(A) is not justified in denying the benefit of depreciation claimed by the assessee on the ‘goodwill’ - AT

Depreciation on goodwill – assessee purchased the business lock stock and barrel and has shown the value of the goodwill right from the acquisition onwards -...

Disallowance of depreciation on goodwill - scheme of amalgamation - the very purchase of goodwill is not proved by the assessee - Disallowance of depreciation is thus...

Quick Updates: