https://www.taxtmi.com/caselaws?id=406643 The Tribunal upheld the CIT(A)'s decision, dismissing the revenue's appeals for A.Y. 2014-15 and A.Y. 2015-16. The Tribunal ruled that the entire goodwill should be attributed to the assessee alone, not apportioned with its affiliates. Consequently, the disallowance of depreciation on goodwill was deleted, and the revenue's appeals were dismissed. en-us Wed, 24 Feb 2021 00:00:00 +0530 Tue, 20 Apr 2021 12:53:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406643 The Tribunal upheld the CIT(A)'s decision, dismissing the revenue's appeals for A.Y. 2014-15 and A.Y. 2015-16. The Tribunal ruled that the entire goodwill should be attributed to the assessee alone, not apportioned with its affiliates. Consequently, the disallowance of depreciation on goodwill was deleted, and the revenue's appeals were dismissed. Case-Laws Income Tax Wed, 24 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406643