https://www.taxtmi.com/acts?id=39330 Amendment excludes goodwill from assets eligible for depreciation by providing that goodwill of a business or profession shall not be considered an asset for purposes of the depreciation provision and the definitional Explanation, thereby denying depreciation deductions for goodwill while leaving other tangible and intangible assets within the depreciation framework. en-us Mon, 01 Feb 2021 16:35:42 +0530 Mon, 01 Feb 2021 16:35:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39330 Amendment excludes goodwill from assets eligible for depreciation by providing that goodwill of a business or profession shall not be considered an asset for purposes of the depreciation provision and the definitional Explanation, thereby denying depreciation deductions for goodwill while leaving other tangible and intangible assets within the depreciation framework. Act-Rules Bills Mon, 01 Feb 2021 16:35:42 +0530 https://www.taxtmi.com/acts?id=39330