https://www.taxtmi.com/forum/issue?id=4705 Where a taxpayer has both carried forward business loss and unabsorbed depreciation, the carried forward business loss is to be adjusted first, followed by adjustment of unabsorbed depreciation under the depreciation provisions (u/s 32(2)). en-us Thu, 13 Sep 2012 19:11:08 +0530 Thu, 23 Jan 2025 15:57:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4705 Where a taxpayer has both carried forward business loss and unabsorbed depreciation, the carried forward business loss is to be adjusted first, followed by adjustment of unabsorbed depreciation under the depreciation provisions (u/s 32(2)). Discussion-Forum Income Tax Thu, 13 Sep 2012 19:11:08 +0530 https://www.taxtmi.com/forum/issue?id=4705