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Income Tax - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

Set-off of carried forward depreciation - When such claim could ...

Income Tax

February 16, 2019

Set-off of carried forward depreciation - When such claim could not have been made u/s 32(1), then there is no question of any carry forward of such depreciation for reason of the claim for depreciation having never arisen in that previous year relevant to the previous assessment year.

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