Assessee Ineligible for Deductions u/ss 80HH and 80I Due to Lack of Positive Income After Depreciation.

Assessee Ineligible for Deductions u/ss 80HH and 80I Due to Lack of Positive Income After Depreciation. https://www.taxtmi.com/highlights?id=19182 After allowing depreciation, unabsorbed loss and unabsorbed depreciation, there was no positive income - the assessee was not entitled to any deduction u/s 80HH & 80I of the Act - HC en-us Fri, 04 Jul 2014 18:47:05 +0530 Fri, 04 Jul 2014 18:47:05 +0530 TaxTMI RSS Generator Assessee Ineligible for Deductions u/ss 80HH and 80I Due to Lack of Positive Income After Depreciation. https://www.taxtmi.com/highlights?id=19182 After allowing depreciation, unabsorbed loss and unabsorbed depreciation, there was no positive income - the assessee was not entitled to any deduction u/s 80HH & 80I of the Act - HC Highlights Income Tax Fri, 04 Jul 2014 18:47:05 +0530 https://www.taxtmi.com/highlights?id=19182