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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Denial of depreciation on goodwill and intangibles - the excess ...

Income Tax

January 28, 2019

Denial of depreciation on goodwill and intangibles - the excess consideration paid over and net asset value of the business acquired shall be goodwill being ‘any other business or commercial rights of similar nature’ and will be entitled for depreciation u/s 32

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