Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2008 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2008 (8) TMI 202 - PUNJAB AND HARYANA HIGH COURTIndustrial undertaking - Assessee sought deductions u/s 80J on the gross total income before allowance - Whether Tribunal was right in law in allowing deduction u/s 80J and investment allowance of the current year before allowing depreciation of the current year – held that, before allowing deduction under section 80J, the gross total income which is arrived at after granting of deductions for the previous year prior thereto has to be considered - question is answered in favour of the Revenue
|