CCD Interest Transfer Pricing Deleted, Goodwill Depreciation Approved

The Delhi High Court ruled that the CCD interest adjustment under transfer pricing rules is to be deleted, and allowed depreciation on goodwill arising from a slump sale. The judgment overturns earlier guidance, stating that the adjustment cannot be claimed as a deduction and that depreciation on goodwill is permissible when the asset is sold at a loss. This decision in the Stahl India Pvt. Ltd. case provides clearer compliance pathways for private limited companies involved in asset restructurings and slump sales across India.