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2010 (10) TMI 789 - HC - Income TaxDeductions available under Sec. 80HHC - Whether the Tribunal was correct in holding that the relief U/s 80HHC of the Act should be allowed before adjusting the brought forward loss and unabsorbed depreciation of the earlier year from the total income - Held that:- While making the fresh assessment, assessing authority shall also take into consideration that when the respondent assessee has more than one unit, it has to take into consideration which of the units can claim benefit under section 80HHC. The income of all the four units i.e., the total business has to be taken into account while considering the losses while allowing the claim of deducting unabsorbed loss and unabsorbed depreciation of the previous years, appeal ITA No.1007/2008 is disposed of setting aside the orders of the three authorities by remitting back the matter to the assessing authority
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