https://www.taxtmi.com/caselaws?id=220405 The Tribunal partly allowed the appeal, upholding the treatment of surrendered income as deemed income under sections 69, 69A, 69B, and 69C, thereby disallowing the set off of losses. However, it permitted the set off of unabsorbed depreciation outside the block of Assessment years 1997-98 to 2001-02, directing the Assessing Officer to reassess this issue. en-us Mon, 17 Dec 2012 00:00:00 +0530 Tue, 22 Jan 2013 12:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220405 The Tribunal partly allowed the appeal, upholding the treatment of surrendered income as deemed income under sections 69, 69A, 69B, and 69C, thereby disallowing the set off of losses. However, it permitted the set off of unabsorbed depreciation outside the block of Assessment years 1997-98 to 2001-02, directing the Assessing Officer to reassess this issue. Case-Laws Income Tax Mon, 17 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220405