https://www.taxtmi.com/caselaws?id=464586 ITAT MUMBAI deleted the transfer-pricing addition for technical consultancy fees paid to the AE and directed the TPO to withdraw the adjustment, following earlier Tribunal and HC rulings in the group's cases. The claim for depreciation on intangible assets was remitted to the AO for consequential adjudication based on earlier-year determinations. The Tribunal held there was no basis to deny depreciation on goodwill where intangibles (including goodwill) arose on amalgamation and were revalued, and directed that if the AO allows depreciation on the acquired intangibles, depreciation on goodwill should be allowed (consistent with SC precedent). en-us Tue, 31 Jan 2023 00:00:00 +0530 Wed, 05 Nov 2025 13:39:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464586 ITAT MUMBAI deleted the transfer-pricing addition for technical consultancy fees paid to the AE and directed the TPO to withdraw the adjustment, following earlier Tribunal and HC rulings in the group's cases. The claim for depreciation on intangible assets was remitted to the AO for consequential adjudication based on earlier-year determinations. The Tribunal held there was no basis to deny depreciation on goodwill where intangibles (including goodwill) arose on amalgamation and were revalued, and directed that if the AO allows depreciation on the acquired intangibles, depreciation on goodwill should be allowed (consistent with SC precedent). Case-Laws Income Tax Tue, 31 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464586