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![ITAT disallows Depreciation on Non-Competition Fee [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/ITAT-Depreciation-Non-Competition-Fee-Taxscan.jpg "ITAT disallows Depreciation on Non-Competition Fee [Read Order]")
ITAT disallows Depreciation on Non-Competition Fee [Read Order]
The Income Tax Appellate Tribunal (ITAT) disallowed the depreciation on Non-Competition Fee. The assessee, Fortis Hospitals Ltd. during the year...