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Case Lawsuit Title
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Case / Trial ID Number
Jurisdiction Code
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us
in
upc
eu
Category
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Patent
Trademark
Copyright
Design
Filing Date
Decision Verdict Date
Court / Tribunal
Bench / Panel Judges
Petitioner / Claimant (Plaintiff)
Godrej Consumer Products Ltd.
Respondent / Defendant
Income-tax, Range-10(2)
Dispute Summary
The assessee, Godrej Consumer Products Ltd., appealed against the denial of depreciation on an acquired trade mark ('Snuggy') and associated goodwill. The Assessing Officer denied the claim based on lack of valuation reports and the inclusion of goodwill in the purchase price. The Tribunal allowed the appeal, holding that both trade marks and associated goodwill are intangible assets eligible for depreciation.
Outcome / Ruling
plaintiff_favorable
Verdict Document PDF URL
Full text judgment
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