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Peerless General Finance And Investment Co. Ltd. Versus Commissioner of Income-Tax

2016 (5) TMI 109 - SUPREME COURT OF INDIA

Set off of Unabsorbed depreciation - Held that:- Unabsorbed depreciation as on April 1, 1997, can be set off against the income from any head for the immediate assessment year following April 1, 1997 (assessment year 1998-99)and thereafter if there s .....

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, JJ. For the Petitioner : S. Ganesh, S. Sukumaran, Anand Sukumar, Bhupesh Kumar Pathak, Meera Mathur For the Respondent : Arijit Prasad, Mukti Chowdhary, Anil Katiyar JUDGMENT 1. Heard the learned counsels for the parties and perused the relevant ma .....

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