Goodwill Treatment

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....oodwill Treatment<br> Query (Issue) Started By: - vignesh VSACCOUNTOPRIVATELIMITED Dated:- 10-12-2021 Last Reply Date:- 15-12-2021 Income Tax<br>Got 2 Replies<br>Income Tax<br>Sir. any inputs on treat....

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....ment of goodwill paid for purchase of business? under income tax act ! 1. Can Goodwill paid to acquire business treated as expense? 2. Amortization of amount paid for Goodwill in books possible? Re....

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....ply By DR.MARIAPPAN GOVINDARAJAN: The Reply: In my view- Goodwill paid to acquire business can be treated as expense, Amortization of amount paid for Goodwill in books is not possible. Reply By KA....

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....STURI SETHI: The Reply: Dear Sir, Thanks a lot for enrichment of my knowledge.<br> Discussion Forum - Knowledge Sharing ....