Goodwill Not Eligible for Depreciation u/s 32(1) Due to Non-Existence in Assessee's Asset Block.

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....Deprecation on goodwill - assessee has fully written off goodwill in the books of accounts - section 32(1)mandates that the block of assets should exists to claim depreciation - Since, goodwill is not treated as an asset in its books of accounts, the question of allowing depreciation on such non existing asset does not arise....