https://www.taxtmi.com/highlights?id=66235 Depreciation on goodwill and depreciation of patents and trademark - The ownership of the IP rights of the Assessee stands proved on record, its use by the Assessee is also not disputed and therefore the appellate authorities have rightly held that the Assessee is entitled to claim deprecation u/s 32(1)(ii) of the Act on the said IP rights. - HC en-us Fri, 28 Oct 2022 15:54:45 +0530 Fri, 28 Oct 2022 15:54:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66235 Depreciation on goodwill and depreciation of patents and trademark - The ownership of the IP rights of the Assessee stands proved on record, its use by the Assessee is also not disputed and therefore the appellate authorities have rightly held that the Assessee is entitled to claim deprecation u/s 32(1)(ii) of the Act on the said IP rights. - HC Highlights Income Tax Fri, 28 Oct 2022 15:54:45 +0530 https://www.taxtmi.com/highlights?id=66235