https://www.taxtmi.com/highlights?id=22615 When the good will paid was for ensuring retention and continued business in the hospital, it was for acquiring a business and commercial rights and it was comparable with trade mark, franchise, copyright, etc. referred to in the first part of clause (ii) of section 32(1) and so much so, goodwill was covered by the above provision of the Act entitling the assessee for depreciation - AT en-us Wed, 22 Apr 2015 07:36:27 +0530 Wed, 22 Apr 2015 07:36:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=22615 When the good will paid was for ensuring retention and continued business in the hospital, it was for acquiring a business and commercial rights and it was comparable with trade mark, franchise, copyright, etc. referred to in the first part of clause (ii) of section 32(1) and so much so, goodwill was covered by the above provision of the Act entitling the assessee for depreciation - AT Highlights Income Tax Wed, 22 Apr 2015 07:36:27 +0530 https://www.taxtmi.com/highlights?id=22615