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Delhi HC: Fees Paid by ‘Remfry & Sagar’ to Acquire Goodwill is Expense Deductible u/s 37 of IT Act - (04 Feb 2025)

DIRECT TAXATION

Delhi High Court has observed that to acquire the goodwill vested in a company run by the family members, the fees paid by law firm Remfry & Sagar shall amount to a business expense deductible under Section 37 of the Income Tax Act, 1961.

Tags : DELHI HIGH COURT   GOODWILL   SECTION 37  

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