https://www.taxtmi.com/caselaws?id=327722 The Tribunal upheld the CIT(A)'s decision, confirming that the aggregate of business loss or depreciation, whichever is lower, should be considered for reduction from the book profit. The appeals of the Revenue were dismissed, and the cross objections of the assessee were also dismissed. en-us Thu, 07 Apr 2016 00:00:00 +0530 Wed, 18 May 2016 08:26:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327722 The Tribunal upheld the CIT(A)'s decision, confirming that the aggregate of business loss or depreciation, whichever is lower, should be considered for reduction from the book profit. The appeals of the Revenue were dismissed, and the cross objections of the assessee were also dismissed. Case-Laws Income Tax Thu, 07 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327722