Hello Everyone!
If Goodwill is Self Generated, Can we claim depreciation @ 25 %?
(In Case of Partnership Firm)
CA Abbasali H. Bhaisaheb (Working as A FACULY FOR CA STUDENTS) (1127 Points)
09 February 2015Hello Everyone!
If Goodwill is Self Generated, Can we claim depreciation @ 25 %?
(In Case of Partnership Firm)
Z
( )
(2965 Points)
Replied 09 February 2015
Depreciation can not be claimed on such self generated goodwill