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Income Tax - Highlights / Catch Notes

Home Highlights February 2013 Year 2013 This

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

Case Laws     Income Tax

February 10, 2013

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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