Revenue neutrality in domestic related-party loans can require deletion of interest transfer pricing adjustments after domestic-transaction verificati...
Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
Disallowance of depreciation claimed on the “Goodwill” - The Tribunal reiterated its earlier decision and held that the assessee was entitled to claim depreciation on "Goodwill" arising from the amalgamation, following the precedent set in its own case. Since the year under consideration was the second year of the claim for depreciation on "Goodwill," it was deemed academic to determine eligibility, as depreciation was to be calculated on the opening Written Down Value (WDV) of the asset.
Disallowance of depreciation claimed on the “Goodwill” - The Tribunal reiterated its earlier decision and held that the assessee was entitled to claim depreciation on "Goodwill" arising from the amalgamation, following the precedent set in its own case. Since the year under consideration was the second year of the claim for depreciation on "Goodwill," it was deemed academic to determine eligibility, as depreciation was to be calculated on the opening Written Down Value (WDV) of the asset.
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