Carried forward depreciation set off with short term capital gain u/s 50 is allowed – ITAT
August 20, 2017
Income Tax, ITAT, Judgments
Carried forward depreciation set off with short term capital gain u/s 50 is allowed in view of the amended provisions of Section 32(2) wef 01-04-2002- ITAT ABCAUS Case Law Citation: ABCAUS 2035 (2017) (08) ITAT Assessment Year : 2012-13 Important Case Laws Cited/relied upon by the parties: M/s. …