Losses and depreciation of the years earlier to the initial ...

No Prior Losses or Depreciation Can Offset Profits for Section 80IA Deductions if Already Used Elsewhere.

February 27, 2016

Case Laws Income Tax AT

Losses and depreciation of the years earlier to the initial assessment year which have already been absorbed against profits of other businesses cannot be notionally brought forward and set off against the profits of the eligible business for computing the deduction u/s. 80IA - AT

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Losses and depreciation of the years earlier to the initial ...

No Prior Losses or Depreciation Can Offset Profits for Section 80IA Deductions if Already Used Elsewhere.

February 27, 2016

Case Laws Income Tax AT

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