Tag Archives: brand value

Depreciation of brand value allowed

By | November 3, 2016

Depreciation of brand value The Chennai Bench of the Income-tax Appellate Tribunal held that a taxpayer is eligible to claim depreciation with respect to a “brand value” The tribunal found that merely because there was subsequent amalgamation was not a basis for finding the taxpayer had not acquired any brand name. When the taxpayer acquired… Read More »