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Income Tax - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

Treatment for Unabsorbed depreciation pertaining to A.Y. 1997-98 ...


Unabsorbed depreciation from 1997-98 can be carried forward beyond eight years under amended Section 32, Finance Act 2001.

August 28, 2012

Case Laws     Income Tax     HC

Treatment for Unabsorbed depreciation pertaining to A.Y. 1997-98 - allowed to be carried forward and set off after a period of eight years OR governed by Section 32 as amended by Finance Act 2001 - HC

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