https://www.taxtmi.com/highlights?id=20747 Unabsorbed depreciation is to be added to the account of allowance of depreciation of the next year and as such merges with next year’s depreciation allowance - and further that as per the provisions of section 71 of the Act such depreciation allowance can be set off from income from other heads - AT en-us Sun, 23 Nov 2014 13:01:36 +0530 Sun, 23 Nov 2014 13:01:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=20747 Unabsorbed depreciation is to be added to the account of allowance of depreciation of the next year and as such merges with next year’s depreciation allowance - and further that as per the provisions of section 71 of the Act such depreciation allowance can be set off from income from other heads - AT Highlights Income Tax Sun, 23 Nov 2014 13:01:36 +0530 https://www.taxtmi.com/highlights?id=20747