Assessee Entitled to Depreciation on Goodwill, Patents, Trademarks u/s 32(1)(ii), Confirms Appellate Authorities.

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....Depreciation on goodwill and depreciation of patents and trademark - The ownership of the IP rights of the Assessee stands proved on record, its use by the Assessee is also not disputed and therefore the appellate authorities have rightly held that the Assessee is entitled to claim deprecation u/s 32(1)(ii) of the Act on the said IP rights. - HC....