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Depreciation on Goodwill (Acquired)

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(Querist)
25 June 2009 Hi,
Can any one tell me,whether Depreciation need to be provided on Goodwill (Acquired),if yes at what rate?

Thank U
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Ratan Sharma

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Ratan Sharma (Expert)
29 June 2009 No need to provide depreciation on goodwill.

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