https://www.taxtmi.com/caselaws?id=451239 Depreciation under section 32(1)(ii) was claimed on goodwill treated as an intangible asset arising from acquisition of a business, and the Revenue objected that the assessee had not disclosed the particulars of the acquired intangibles. The Supreme Court noted that the Assessing Officer's order itself recorded that goodwill had been calculated and allotted to intangibles, and therefore did not find reason to disturb the High Court's view. The Special Leave Petition was dismissed. en-us Tue, 19 Mar 2024 00:00:00 +0530 Fri, 08 May 2026 18:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=451239 Depreciation under section 32(1)(ii) was claimed on goodwill treated as an intangible asset arising from acquisition of a business, and the Revenue objected that the assessee had not disclosed the particulars of the acquired intangibles. The Supreme Court noted that the Assessing Officer's order itself recorded that goodwill had been calculated and allotted to intangibles, and therefore did not find reason to disturb the High Court's view. The Special Leave Petition was dismissed. Case-Laws Income Tax Tue, 19 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=451239