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Income Tax - Highlights / Catch Notes

Home Highlights March 2020 Year 2020 This

Set off of unabsorbed depreciation allowances against income ...

Income Tax

March 18, 2020

Set off of unabsorbed depreciation allowances against income under the head salary - losses under the head income from business or profession, including unabsorbed depreciation, if any cannot be set off against income assessable under the head salaries - disallowances confirmed - however, carry forward of unabsorbed depreciation allowed - AT

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