https://www.taxtmi.com/caselaws?id=789113 Depreciation on goodwill arising from amalgamation was held allowable because the goodwill remained part of the same block of intangible assets and fell within business or commercial rights of a similar nature; the disallowance was deleted. The reassessment notice under section 148 was held time-barred because the original transition-period notice operated as a deemed notice under section 148A(b) and the later notice was issued beyond the surviving limitation period; the reassessment was quashed. A section 14A read with Rule 8D disallowance was deleted because no dissatisfaction was recorded against the assessee's own disallowance. The assessment made in the name of a non-existent entity was held void for want of jurisdiction. en-us Wed, 25 Feb 2026 00:00:00 +0530 Fri, 03 Apr 2026 08:49:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789113 Depreciation on goodwill arising from amalgamation was held allowable because the goodwill remained part of the same block of intangible assets and fell within business or commercial rights of a similar nature; the disallowance was deleted. The reassessment notice under section 148 was held time-barred because the original transition-period notice operated as a deemed notice under section 148A(b) and the later notice was issued beyond the surviving limitation period; the reassessment was quashed. A section 14A read with Rule 8D disallowance was deleted because no dissatisfaction was recorded against the assessee's own disallowance. The assessment made in the name of a non-existent entity was held void for want of jurisdiction. Case-Laws Income Tax Wed, 25 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789113