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ITAT Mumbai allows depreciation on goodwill from slump sale for AY 2020-21

SEO Expert January 28, 2026

ITAT Mumbai held that goodwill arising from slump sale of a going concern is a depreciable intangible asset under section 32(1)(ii) for AY 2020-21, deleting disallowance.

The post ITAT Mumbai allows depreciation on goodwill from slump sale for AY 2020-21 appeared first on TaxGuru.

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