https://www.taxtmi.com/caselaws?id=797302 Depreciation on goodwill arising from amalgamation remains allowable where it was admitted in the amalgamation year, entered the intangible-asset block, and the opening written-down value became final without any change in facts, law, valuation, or block composition. Depreciation is mandatory once the statutory conditions are met, and the settled basis of the opening written-down value cannot be reopened in a later year. Vendor compliance expenses deducted from export proceeds are allowable where contemporaneous records establish their direct nexus with export sales. Deductions for retail-support activities, including promotional and display arrangements, need not be disallowed merely because separate invoices are unavailable when the amounts are supported by customer-program and remittance records. en-us Thu, 13 Aug 2026 00:00:00 +0530 Thu, 20 Aug 2026 08:14:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797302 Depreciation on goodwill arising from amalgamation remains allowable where it was admitted in the amalgamation year, entered the intangible-asset block, and the opening written-down value became final without any change in facts, law, valuation, or block composition. Depreciation is mandatory once the statutory conditions are met, and the settled basis of the opening written-down value cannot be reopened in a later year. Vendor compliance expenses deducted from export proceeds are allowable where contemporaneous records establish their direct nexus with export sales. Deductions for retail-support activities, including promotional and display arrangements, need not be disallowed merely because separate invoices are unavailable when the amounts are supported by customer-program and remittance records. Case-Laws Income Tax Thu, 13 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797302