https://www.taxtmi.com/caselaws?id=471627 Goodwill qualifies as an intangible asset eligible for depreciation. Applying the governing Supreme Court ruling, the contrary appellate view cannot be sustained, and depreciation on goodwill is allowable in favour of the assessee. en-us Tue, 30 Oct 2012 00:00:00 +0530 Fri, 11 Sep 2026 10:26:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471627 Goodwill qualifies as an intangible asset eligible for depreciation. Applying the governing Supreme Court ruling, the contrary appellate view cannot be sustained, and depreciation on goodwill is allowable in favour of the assessee. Case-Laws Income Tax Tue, 30 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471627