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Income Tax - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

Time limit for carry forward of unabsorbed depreciation – ...

Income Tax

October 12, 2013

Time limit for carry forward of unabsorbed depreciation – Applicability of amendment in section 32(2) vide Finance Act 2001 – it would be carried forward till the time it is set off against the profits and gains of subsequent years without any limit whatsoever - AT

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  8. Depreciation to be carried forward allowed - carry forward and set off against the profits and gains of subsequent years, without any limit whatsoever allowed - AT

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