Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2007 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2007 (3) TMI 308 - AT - Income TaxExtract: ....... business and to allow expenditure incurred during the year for the purpose of business. There is also no reason to decline setting off of brought forward unabsorbed depreciation as per provisions of IT Act, insofar as business of assessee was continuing during the year under consideration. 12. In the result, the appeal of the Revenue is dismissed.
|