1990 (12) TMI 69

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... DDY., V. N. MEHROTRA JUDGMENT Having heard counsel for the Revenue, and the assessee, we are of the opinion that the three questions mentioned herein below do arise from the order of the Tribunal .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ccount of depreciation be carried forward and set off in subsequent years ? 2. Whether, in the face of the specific provisions of law contained in section 32(2) and section 75 of the Income-tax Act, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X