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![Depreciation is Allowable on Goodwill even if it was not shown in Balance Sheet: ITAT Vishakhapatnam [Read Order] Depreciation is Allowable on Goodwill even if it was not shown in Balance Sheet: ITAT Vishakhapatnam [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Depreciation-Taxscan.jpg)
Depreciation is Allowable on Goodwill even if it was not shown in Balance Sheet: ITAT Vishakhapatnam [Read Order]
The Income Tax Appellate Tribunal (ITAT), Vishakhapatnam bench recently ruled that depreciation under section 32 of the Income Tax Act, 1961 is...