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2020 (1) TMI 1399 - SC - Income TaxSet off of brought forward business loss against deemed short term capital gains arising from sale of building and plant and machinery - Set of brought forward unabsorbed depreciation - depreciation available to the assessee on the first day of April 2002 for the Assessment Year 2002-03 without the restriction of 8 years carry forward which was during the Assessment Years 1997-98 to 2001-02 allowed by ITAT - permission seeked to withdraw this Special Leave Petition along with pending applications therein due to low tax effect - HELD THAT:- Permission granted, subject to just exceptions. The special leave petition and pending applications are dismissed as withdrawn, leaving question of law open.
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