https://www.taxtmi.com/circulars?id=8769 Instruction requires that where total income is estimated under section 144, the assessment order must expressly state amounts taken into account for (i) expenses in the profit and loss account, (ii) depreciation on assets, and (iii) development rebate allowance, so that subsequent remission or cessation can be taxed under section 41(1), balancing charges under section 41(2) can be applied, and development rebate previously allowed can be withdrawn under section 155(5). en-us Fri, 04 Dec 1970 00:00:00 +0530 Thu, 26 May 2011 16:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8769 Instruction requires that where total income is estimated under section 144, the assessment order must expressly state amounts taken into account for (i) expenses in the profit and loss account, (ii) depreciation on assets, and (iii) development rebate allowance, so that subsequent remission or cessation can be taxed under section 41(1), balancing charges under section 41(2) can be applied, and development rebate previously allowed can be withdrawn under section 155(5). Circulars Income Tax Fri, 04 Dec 1970 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8769