carry forward depreciation

  • Income Tax

Carried forward depreciation set off with short term capital gain u/s 50 is allowed – ITAT

Carried forward depreciation set off with short term capital gain u/s 50 is allowed in view of the amended provisions…

7 years ago
  • Income Tax

Additional depreciation us 32(1)(iia)-There is no provision for postponement or carry forward to next financial year

In a recent judgment, ITAT Chennai has held that the assessee is not entitled to additional depreciation u/s.32(1)(iia) of the…

8 years ago