Assessee company purchased a business on slump sale and claimed  depreciation on intangible assets and marketing rights of business acquired . AO disallowed the claim for depreciation.  Tribunal held that assessee having purchased various assets under business transfer agreement by way of slump sale from not a related concern  depreciation  is allowable both on intangible assets as well as marketing rights. High Court affirmed the order of Tribunal. (AY. 2004 -05)