https://www.taxtmi.com/caselaws?id=411512 The ITAT rejected the Revenue's application, affirming its decision on recognizing goodwill and allowing depreciation in the scheme of amalgamation. The judgment emphasized the importance of clarity in the scheme of amalgamation and the necessity for objections to be raised at the appropriate stages to prevent future disputes. en-us Tue, 24 Aug 2021 00:00:00 +0530 Thu, 26 Aug 2021 22:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411512 The ITAT rejected the Revenue's application, affirming its decision on recognizing goodwill and allowing depreciation in the scheme of amalgamation. The judgment emphasized the importance of clarity in the scheme of amalgamation and the necessity for objections to be raised at the appropriate stages to prevent future disputes. Case-Laws Income Tax Tue, 24 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411512