Goodwill in block assets: prescribed method now governs written-down value and short-term capital gain determination. Where goodwill forming part of a block of asset for the assessment year beginning April first, 2020 has been depreciated by the assessee, the written down value of that block and any short-term capital gain on transfer shall be determined in the manner prescribed.
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Goodwill in block assets: prescribed method now governs written-down value and short-term capital gain determination.
Where goodwill forming part of a block of asset for the assessment year beginning April first, 2020 has been depreciated by the assessee, the written down value of that block and any short-term capital gain on transfer shall be determined in the manner prescribed.
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