{"id":4219,"date":"2019-03-05T11:53:05","date_gmt":"2019-03-05T11:53:05","guid":{"rendered":"http:\/\/itatonline.org\/digest\/dcit-v-kuantum-papers-ltd-2018-62-itr-439-delhitrib\/"},"modified":"2019-03-05T11:53:05","modified_gmt":"2019-03-05T11:53:05","slug":"dcit-v-kuantum-papers-ltd-2018-62-itr-439-delhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dcit-v-kuantum-papers-ltd-2018-62-itr-439-delhitrib\/","title":{"rendered":"DCIT v. Kuantum Papers Ltd. (2018) 62 ITR 439 (Delhi)(Trib.)"},"content":{"rendered":"<p>Relying on the order dt. 11.5.2017 in ITA No. 2263\/Del\/2012 (AY 2008-09) in case of ABC Paper Ltd, Tribunal held that the definition of \u201cintangible assets\u201d under S. 32(1 )(ii) is an inclusive definition which not only includes know-how, patents, copyrights, trademarks, licences, franchises but also any other business or commercial rights of similar nature. Therefore, the interpretation of the AO, that since \u201cbrand\u201d is not specifically mentioned in S. 32(1) (ii), it cannot be equated with \u201ctrade mark\u201d and hence, depreciation on the same is not admissible is not proper.\u00a0 (AY. 2006-07 to \u00a02013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S 32 : Depreciation\u2013Paper Brand-Trade marks -Intangible assets -Eligible depreciation.[S. 32 (1)(ii)]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4219","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-163","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/4219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=4219"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/4219\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=4219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=4219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=4219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}