Claim of deduction u/s 80IA - there is no question of setting ...

Assessee Can Claim Deduction on Current Year Profits u/s 80IA Without Setting Off Past Losses or Depreciation.

August 27, 2014

Case Laws Income Tax AT

Claim of deduction u/s 80IA - there is no question of setting off notionally carried forward unabsorbed depreciation or loss against the profits of the unit and the assessee is entitled to claim deduction u/s 80IA on the current assessment year on the current year profit - AT

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Claim of deduction u/s 80IA - there is no question of setting ...

Assessee Can Claim Deduction on Current Year Profits u/s 80IA Without Setting Off Past Losses or Depreciation.

August 27, 2014

Case Laws Income Tax AT

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