Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Unabsorbed depreciation is to be added to the account of allowance of depreciation of the next year and as such merges with next year’s depreciation allowance - and further that as per the provisions of section 71 of the Act such depreciation allowance can be set off from income from other heads - AT
Unabsorbed depreciation is to be added to the account of allowance of depreciation of the next year and as such merges with next year’s depreciation allowance - and further that as per the provisions of section 71 of the Act such depreciation allowance can be set off from income from other heads - AT
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