https://www.taxtmi.com/highlights?id=46687 Allowability of depreciation intangible rights/assets - company had purchased Imidachlorpid business on slump sale from a company which is not a related concern u/s 40A(2)(b) - The valuation of Intangible assets and marketing rights have been done in accordance with the AS 10 issued by the ICAI - depreciation u/s 32 is allowable both on the intangible assets as well as marketing rights en-us Wed, 22 May 2019 07:27:28 +0530 Wed, 22 May 2019 07:27:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46687 Allowability of depreciation intangible rights/assets - company had purchased Imidachlorpid business on slump sale from a company which is not a related concern u/s 40A(2)(b) - The valuation of Intangible assets and marketing rights have been done in accordance with the AS 10 issued by the ICAI - depreciation u/s 32 is allowable both on the intangible assets as well as marketing rights Highlights Income Tax Wed, 22 May 2019 07:27:28 +0530 https://www.taxtmi.com/highlights?id=46687