https://www.taxtmi.com/forum/issue?id=111179 Section 115JB raises two interpretive questions: whether "loss brought forward" means the loss as per the company's financial statements under Schedule III or the loss as computed for 115JB after adjustments; and whether "unabsorbed depreciation" should be measured using Companies Act (book) depreciation or Income Tax Act (tax) depreciation, with a request to apply these points to a multi-year numerical example. en-us Tue, 29 Nov 2016 18:52:17 +0530 Thu, 23 Jan 2025 15:56:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111179 Section 115JB raises two interpretive questions: whether "loss brought forward" means the loss as per the company's financial statements under Schedule III or the loss as computed for 115JB after adjustments; and whether "unabsorbed depreciation" should be measured using Companies Act (book) depreciation or Income Tax Act (tax) depreciation, with a request to apply these points to a multi-year numerical example. Discussion-Forum Income Tax Tue, 29 Nov 2016 18:52:17 +0530 https://www.taxtmi.com/forum/issue?id=111179