https://www.taxtmi.com/highlights?id=4779 Depreciation on goodwill - as the function of goodwill acquired by the assessee also is to maximizes the profits of the company & as the assessee's goodwill being a valuable commercial asset similar to other intangibles specified in the definition of block assets, is eligible to depreciation - AT en-us Sat, 11 Aug 2012 10:53:14 +0530 Sat, 11 Aug 2012 10:53:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=4779 Depreciation on goodwill - as the function of goodwill acquired by the assessee also is to maximizes the profits of the company & as the assessee's goodwill being a valuable commercial asset similar to other intangibles specified in the definition of block assets, is eligible to depreciation - AT Highlights Income Tax Sat, 11 Aug 2012 10:53:14 +0530 https://www.taxtmi.com/highlights?id=4779