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Income Tax - Highlights / Catch Notes

Home Highlights May 2015 Year 2015 This

Claim of brought forward of unabsorbed depreciation - change in ...

Case Laws     Income Tax

May 7, 2015

Claim of brought forward of unabsorbed depreciation - change in shareholding - applicability of restriction u/s 79 - Assessee is not carrying forward and setting off any loss but has unabsorbed depreciation, which is guided by the provisions of section 32(2) and not section 79 - AT

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