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Unabsorbed depreciation of earlier years to be allowed as deduction while computing book profits: HC
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Corporate Tax
Unabsorbed depreciation of earlier years to be allowed as deduction while computing book profits: HC
Posted on
on
April 10, 2017
Tenet Tax Daily April 10 2017
By
tenettax-team
Corporate Tax
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AO couldn’t hold that repayment of loan to trustee was in violation of sec. 11 without bringing any relevant facts
AO was justified in rejecting books of account if assessee failed to produce books during scrutiny assessment
