https://www.taxtmi.com/highlights?id=68551 Deprecation - value of customer related contracts and goodwill - The action of Commissioner (Appeals) in reducing the value of customer contract and goodwill, as determined by the independent Valuer is wholly inappropriate, hence, unsustainable. Accordingly, we reverse the decision of Commissioner (Appeals) on the issue of valuation. Consequently, the computation of the Assessing Officer in allowing depreciation at 25% is upheld. - AT en-us Thu, 02 Mar 2023 14:58:26 +0530 Thu, 02 Mar 2023 14:58:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=68551 Deprecation - value of customer related contracts and goodwill - The action of Commissioner (Appeals) in reducing the value of customer contract and goodwill, as determined by the independent Valuer is wholly inappropriate, hence, unsustainable. Accordingly, we reverse the decision of Commissioner (Appeals) on the issue of valuation. Consequently, the computation of the Assessing Officer in allowing depreciation at 25% is upheld. - AT Highlights Income Tax Thu, 02 Mar 2023 14:58:26 +0530 https://www.taxtmi.com/highlights?id=68551