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Income Tax | Acquired Goodwill as Balancing Figure Eligible for Depreciation: ITAT Mumbai

25 Sept 2026 · 2d agoBy CA Vijayakumar ShettySource: TaxGuru

ITAT Mumbai allows ₹7.37 crore goodwill depreciation for AY 2018-19, holding residual goodwill on business acquisition was not self-generated. The post Acquired Goodwill as Balancing Figure Eligible for Depreciation: ITAT Mumbai appeared first on TaxGuru .

Attribution

Original credit: CA Vijayakumar Shetty. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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