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![Non-Competent Fee paid is an Intangible Asset, Depreciation Allowable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Depreciation-Taxscan.jpg "Non-Competent Fee paid is an Intangible Asset, Depreciation Allowable: ITAT [Read Order]")
Non-Competent Fee paid is an Intangible Asset, Depreciation Allowable: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Bengaluru bench, in M/s. Sapa Extrusion India Pvt. Ltd v. DCIT held that the non-compete fee paid is an...