Depreciation of earlier year was not allowed to be set off ...

Income Tax

November 14, 2015

Depreciation of earlier year was not allowed to be set off against the income offered as unexplained cash deposit made in the account of axis bank - CIT(A) is justified in disallowing set off of unabsorbed depreciation from earlier years against income from other sources - AT

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Depreciation of earlier year was not allowed to be set off ...

Income Tax

November 14, 2015

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