
In slump sale acquisition, to claim depreciation, WDV in books of seller immaterial
October 25, 2025
Income Tax, Supreme Court
In slump sale acquisition, purchaser to claim depreciation on lump sum consideration irrespective of WDV in the books of accounts of seller company. In a recent judgment, Hon’ble Supreme Court had dismissed the SLP against the judgment of the Gujarat High Court holding that in a slump sale …

