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2008 (3) TMI 56 - HC - Income TaxAmalgamation of hospital DHCL with Apollo hospital(assessee) on April 18, 2000 - unabsorbed depreciation of DHCL got vested with assessee after Amalgmation – assessee claim benefit of set off of that depreciation in AY 2000-01 u/s 72A – held that as per amendment to sec. 72A w.e.f. 1.4.2000, hospitals are not allowed to take benefit u/s 72A, is applicable to this case – set off availed by assessee was illegal – reassessment notice is within limitation of 4 years, so reassessment is allowed
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