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Income Tax - Highlights / Catch Notes

Home Highlights January 2022 Year 2022 This

Unabsorbed depreciation set off against short term capital gain ...


Court Confirms Unabsorbed Depreciation Can Offset Capital Gains Without Limitation Period Constraints, Dismissing Revenue's Appeal.

January 12, 2022

Case Laws     Income Tax     HC

Unabsorbed depreciation set off against short term capital gain - Period of limitation for carrying forward of Unabsorbed depreciation loss - Period of limitation for carrying forward of Unabsorbed depreciation loss - Revenue appeal dismissed - HC

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