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<h1>High Court directs Tribunal on setting off unabsorbed depreciation against other income</h1> <h3>Commissioner Of Income-Tax Versus Premier Cushions Pvt. Limited</h3> The High Court of Delhi directed the Tribunal to refer a question of law regarding setting off unabsorbed depreciation against income from other sources ... Depreciation, Other Sources The High Court of Delhi directed the Tribunal to refer a question of law regarding setting off unabsorbed depreciation against income from other sources when the business is discontinued. Citation: 1990 (4) TMI 30 - DELHI High Court. Judges: B. N. KIRPAL, C. L. CHAUDHARY.