Tag: Section 79

Section 79 not apply to carry forward & set off of unabsorbed depreciation in case of change in shareholding

Section 79 do not apply to carry forward and set off of unabsorbed depreciation in case of change in shareholding INCOME TAX APPELLATE TRIBUNAL BANGALORE BENCH ‘A’, BANGALORE I.T(TP).A No.635/Bang/2015 (Assessment Year : 2009-10) M/s. Swiss Re Healthcare Services P. Ltd …..¬†Appellant ¬†vs.¬†Principal Commissioner of Income-tax …Respondent Date …