Exemption u/s.10B cannot be allowed by adjusting only a portion ...
Case Laws Income Tax
July 26, 2016
Exemption u/s.10B cannot be allowed by adjusting only a portion of unabsorbed depreciation of an earlier year against the income of the export unit and adjusted the balance of unabsorbed depreciation against other business income once again to show ‘Nil’ tax liability. - AT
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