Losses and depreciation of the years earlier to the initial ...
Prior Losses Can't Offset Profits of Eligible Business u/s 80IA Deductions if Already Absorbed Against Other Profits.
April 12, 2016
Case Laws Income Tax AT
Losses and depreciation of the years earlier to the initial assessment year which have already been absorbed against the profits of other business cannot be notionally brought forward and set off against the profits of the eligible business for computing the deduction u/s.80IA - AT
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