15 July 2024


ITAT: Goodwill Acquired Under Slump Sale Agreement Eligible for Depreciation - 04.07.2022

Income Tax Appellate Tribunal (ITAT), Hyderabad Bench has held that the depreciation is allowed on goodwill acquired under a slump sale agreement under Section 32 of the Income Tax Act, 1961.

Tags : ITAT Depreciation Slump Sale Agreement

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