Set off of loss/unabsorbed depreciation from windmill – Not in a ...

High Court Rules Section 80IA(5) Doesn't Override Section 70(1); Taxpayer Can Set Off Windmill Losses.

February 10, 2013

Case Laws Income Tax HC

Set off of loss/unabsorbed depreciation from windmill – Not in a position claim deduction u/s 80IA being loss - Section 70(1) comes to the rescue of the assessee - Sec. 80IA(5) cannot override Sec. 70(1) - HC

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Set off of loss/unabsorbed depreciation from windmill – Not in a ...

High Court Rules Section 80IA(5) Doesn't Override Section 70(1); Taxpayer Can Set Off Windmill Losses.

February 10, 2013

Case Laws Income Tax HC

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