Harita Fehrer Ltd.

ITAT Allows Depreciation on Non-Compete Fees Acquired Through Business Purchase Agreements The Delhi Bench “E” of the Income Tax Appellate Tribunal (ITAT) on 18 May 2026 allowed depreciation claimed by Uno Minda Limited on non-compete fees paid under business acquisition agreements, holding that the issue was already covered in favour of the assessee by earlier…