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Income Tax | Goodwill Depreciation on Business Transfer Allowed; Bad Debt Claims Remanded by ITAT Mumbai

20 Sept 2026 · 20 Sept 2026By CA Sandeep KanoiSource: TaxGuru

ITAT Mumbai allows depreciation on goodwill from a going-concern business transfer and remands bad debt and advances claims for verification. The post Goodwill Depreciation on Business Transfer Allowed; Bad Debt Claims Remanded by ITAT Mumbai appeared first on TaxGuru .

Attribution

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

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