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1991 (3) TMI 1 - SUPREME COURT
Depreciation - Scientific Research - Whether the Tribunal was right in law in holding that the assessee, a registered firm, is entitled to carry forward unabsorbed depreciation from earlier years and that it will be deemed to be an allowance in the nature of depreciation in the previous year relevant to the assessment year 1968-69 - Whether the claim of the assessee to carry forward and set off loss against its total income for the assessment year 1968-69 has been rightly rejected