Reduction of Goodwill from block of assets to be considered as 'transfer'

1. From the assessment year 2021-2022, goodwill of a business or profession is not considered as a depreciable asset and there would not be any depreciation on goodwill of a business or profession in any situation. In case where goodwill is purchased by an assessee, the purchase price of the goodwil

Daily Limit Reached

You have reached your daily limit of 2 Free News

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?

No Ads
WhatsApp Broadcasts
Daily E-Newsletter
Unlimited News Access

BEST VALUE

2 YEAR PLAN

3,499

(Inclusive of GST)

1 YEAR PLAN

1,999

(Inclusive of GST)

Buy CCI PRO Now

Already a PRO member? Login here for an ad-free experience.

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

1761 Views Comment Share Union Budget & Policy Report

News posted by

CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

Comments

Reduction of Goodwill from block of assets to be considered as 'transfer'

You have reached your daily limit of 2 Free News

Why Upgrade to CCI PRO?

CCI News Desk

Recent News :

Popular News

Trending Online Classes

Browse by Category

Latest Job Openings

Article Trainee

Accounts & Taxation Executive

Article

Chartered Accountant

Article

Accountant

Semi Qualified CA

Article Assistance