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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Whether assessee is entitled to set off the un-absorbed ...


Unabsorbed Depreciation Cannot Offset Income from Other Sources, Clarifies Recent Case Highlights.

December 21, 2018

Case Laws     Income Tax     HC

Whether assessee is entitled to set off the un-absorbed depreciation against the income from other sources ? - there could be no depreciation claimed as against income from other sources.

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