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CIT v. Grindwell Norton Ltd (2025) 483 ITR 651 (Bom)(HC)

S. 32: Depreciation-Intangible assets-Business and commercial brand equity are goodwill-Depreciation allowable. [S. 260A]

Held that intangible assets like business and commercial brand equity are goodwill on which depreciation is allowable. (AY. 2007-08, 2009-10)

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