Goodwill adjustment rules revised to permit a capped reduction for goodwill within a block on transition accounting. Section 43 is amended to adjust block of assets valuations where goodwill is included: exclude increases from goodwill acquisitions; permit a reduction for goodwill equal to actual cost less prior depreciation allowed and hypothetical depreciation as if goodwill were sole asset; applicable for the previous year relevant to the assessment year commencing April 1, 2021, when goodwill formed part of the depreciated block in the immediately preceding year; reduction not to exceed the written down value.