https://www.taxtmi.com/highlights?id=69559 Revision u/s 263 - depreciation on goodwill claimed by the amalgamated company - The amalgamating company has not claimed any depreciation. The burden cast upon the Assessing Officer to call for the details and examine the same. AO has totally ignored the artificial creation of goodwill for claiming depreciation - the assessment order passed by the AO is erroneous and prejudicial to the interest of Revenue - AT en-us Wed, 03 May 2023 10:56:14 +0530 Wed, 03 May 2023 10:56:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=69559 Revision u/s 263 - depreciation on goodwill claimed by the amalgamated company - The amalgamating company has not claimed any depreciation. The burden cast upon the Assessing Officer to call for the details and examine the same. AO has totally ignored the artificial creation of goodwill for claiming depreciation - the assessment order passed by the AO is erroneous and prejudicial to the interest of Revenue - AT Highlights Income Tax Wed, 03 May 2023 10:56:14 +0530 https://www.taxtmi.com/highlights?id=69559