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Income Tax Goodwill Depreciation Allowed; ₹1,592.6 Crore Section 68 Enhancement Deleted: ITAT Hyderabad Income Tax Section 263 Revision Quashed: Goodwill Depreciation on Amalgamation Allowed by ITAT Chennai Income Tax Goodwill, Distribution Network and Customer Relations Depreciation Allowed on Amalgamation: ITAT Mumbai Income Tax ₹2.06 Crore Goodwill Depreciation on NCLT-Approved Demerger Allowed: ITAT Chennai Income Tax ₹7.90 Crore Goodwill Depreciation Allowed on Amalgamation: ITAT Kolkata Income Tax Section 14A Disallowance Invalid Without AO’s Recorded Dissatisfaction: Calcutta HC Income Tax AO Cannot Disregard Binding ITAT Order Merely Because Revenue Filed Appeal: Telangana HC Income Tax Section 263 Revision Invalid Where AO Examined Goodwill Depreciation: Gujarat HC
Prashant Behera

Prashant Behera

Contributing Author
Name: Prashant Behera Qualification: CMA Education: Cost and Management Accountant Company: Indian Oil Corporation (IOCL) Location: New Delhi, Delhi, India Articles Published: 2 Total Views: 2,527

About

I am a passionate finance and taxation professional with hands-on experience in areas such as income tax, audits, and indirect taxation. With a strong focus on simplifying complex tax matters, I am actively involved in educating students and professionals through practical insights and real-world examples. I believe in continuous learning and aim to contribute meaningfully to the financial and compliance landscape.

Job Experience

6 years of experience in various modules of F&A

Job Skills

Direct Tax, Audit and Indirect taxes

Articles by this Author