https://www.taxtmi.com/caselaws?id=285748 The SC dismissed the Special Leave Petition, upholding the disallowance of depreciation on goodwill. The Court relied on its prior ruling in Commissioner of Income Tax, Kolkata v. SMIFS Securities Limited, affirming that depreciation on goodwill is not allowable for tax purposes. en-us Mon, 11 Feb 2019 00:00:00 +0530 Thu, 31 Jul 2025 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285748 The SC dismissed the Special Leave Petition, upholding the disallowance of depreciation on goodwill. The Court relied on its prior ruling in Commissioner of Income Tax, Kolkata v. SMIFS Securities Limited, affirming that depreciation on goodwill is not allowable for tax purposes. Case-Laws Income Tax Mon, 11 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285748