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Johnson Matthey Chemicals India P. Ltd. v. Dy. CIT (2021) 90 ITR 75 (SN) (Pune)(Trib.)

S. 32 : Depreciation-Goodwill-Non-compete payment-Technical knowhow and other assets-Eligible for depreciation. [S. 32 (1)(ii)]

Held that Goodwill, Non-compete payment, Technical knowhow and other assets  are eligible  for depreciation. (AY. 2012-13)