https://www.taxtmi.com/caselaws?id=69795 The Tribunal partially allowed the appeal. The claim for set off of unabsorbed depreciation was disallowed due to finality of a previous decision. However, the Tribunal ruled in favor of the assessee on the alleged profit under Section 41(2), determining no taxable profit existed, granting relief of Rs. 1,82,841. The claim for brokerage expenses was allowed after remittance and faced no further dispute. en-us Fri, 16 Jan 1981 00:00:00 +0530 Tue, 12 Apr 2011 11:34:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69795 The Tribunal partially allowed the appeal. The claim for set off of unabsorbed depreciation was disallowed due to finality of a previous decision. However, the Tribunal ruled in favor of the assessee on the alleged profit under Section 41(2), determining no taxable profit existed, granting relief of Rs. 1,82,841. The claim for brokerage expenses was allowed after remittance and faced no further dispute. Case-Laws Income Tax Fri, 16 Jan 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69795