https://www.taxtmi.com/caselaws?id=178067 The ITAT allowed the appeals and directed the Assessing Officer to permit depreciation on goodwill as claimed by the appellant. The decision emphasized the recognition of goodwill as an asset for depreciation purposes, in line with legal provisions and precedents cited during the proceedings. en-us Fri, 23 Aug 2013 00:00:00 +0530 Tue, 13 Dec 2016 16:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178067 The ITAT allowed the appeals and directed the Assessing Officer to permit depreciation on goodwill as claimed by the appellant. The decision emphasized the recognition of goodwill as an asset for depreciation purposes, in line with legal provisions and precedents cited during the proceedings. Case-Laws Income Tax Fri, 23 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178067