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<h1>Understanding Tax Deductions: Prioritizing Unabsorbed Depreciation, Scientific Research, and Family Planning Under Income-Tax Law Section</h1> Under the Income-tax Law, unabsorbed depreciation, unabsorbed capital expenditure on scientific research, and family planning are initially deducted from the income under 'Profits and gains of business or profession.' If not fully adjusted, the unabsorbed portion is carried forward to the next year. The order of priority for set off is: first, current scientific research, family planning expenditure, and current depreciation; second, brought forward business loss; and third, unabsorbed depreciation and unabsorbed capital expenditures.