Time limit for carry forward of unabsorbed depreciation ...
Income Tax Act Amendment: Unabsorbed Depreciation Can Be Carried Forward Indefinitely u/s 32(2.
October 12, 2013
Case Laws Income Tax AT
Time limit for carry forward of unabsorbed depreciation Applicability of amendment in section 32(2) vide Finance Act 2001 it would be carried forward till the time it is set off against the profits and gains of subsequent years without any limit whatsoever - AT
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