{"id":62950,"date":"2026-07-30T16:08:51","date_gmt":"2026-07-30T10:38:51","guid":{"rendered":"https:\/\/itatonline.org\/digest\/suzlon-energy-ltd-v-dy-cit-2025-131-itr-737-ahd-trib-2\/"},"modified":"2026-07-30T16:08:51","modified_gmt":"2026-07-30T10:38:51","slug":"suzlon-energy-ltd-v-dy-cit-2025-131-itr-737-ahd-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/suzlon-energy-ltd-v-dy-cit-2025-131-itr-737-ahd-trib-2\/","title":{"rendered":"Suzlon Energy Ltd v.Dy. CIT (2025) 131 ITR 737 (Ahd) (Trib)"},"content":{"rendered":"<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Held that Goodwill generated only as a result of amalgamation is not an asset; transferred goodwill created as a result of amalgamation is allowable for depreciation<\/strong><strong>&#8211;<\/strong><strong>Appellate\u00a0 Tribunal. \u00a0National Company Law Tribunal&#8217;s order approving amalgamation attaining finality. Revenue ought to redress grievance before appropriate forum; having failed to do so, cannot raise ground before Tribunal.\u00a0 <\/strong>(AY. 2016-17, 2017-18)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 32(1): Depreciation-Goodwill-Amalgamation of companies-Excess purchase consideration over net assets recorded as goodwill-Fallacy of Assessing Officer in treating goodwill as transferred from amalgamating to amalgamated company-Goodwill generated only as result of amalgamation, not asset transferred-Statutory provisions relied on inapplicable-Goodwill created as result of amalgamation allowable for depreciation-Appellate  Tribunal-Scheme of amalgamation-National Company Law Tribunal&#8217;s order approving amalgamation attaining finality-Revenue ought to redress grievance before appropriate forum-Having failed to do so, cannot raise ground before Tribunal. [S. 254(1)]<\/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_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-62950","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-gnk","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62950","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=62950"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62950\/revisions"}],"predecessor-version":[{"id":62951,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62950\/revisions\/62951"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=62950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=62950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=62950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}