Depreciation on Goodwill

ITAT Denies Goodwill Depreciation Based on Invalid Business Transfer Agreement The assessee, an LLP engaged in the business of dental implants, prosthetics and regenerative products, claimed depreciation of Rs.16.16 crore on goodwill arising from the acquisition of the business of M/s Equinox Sales India (ESI), a sole proprietorship concern of one of its designated partners,…