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Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Carry forward of unabsorbed depreciation - carried forward ...

April 25, 2016

Case Laws     Income Tax     AT

Carry forward of unabsorbed depreciation - carried forward unabsorbed depreciation of the earlier year has to be taken as a part of the current year’s depreciation allowance and to be set off, to the extent possible, against income of the current year - AT

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