https://www.taxtmi.com/caselaws?id=341201 The tribunal allowed both appeals, directing the Assessing Officer to re-examine the assessment of the waived loan amount as income and permitting the set off of unabsorbed depreciation from the assessment year 2000-01 in the year under consideration. The tribunal emphasized adherence to legal precedents and thorough examination of appellant's contentions. en-us Mon, 20 Mar 2017 00:00:00 +0530 Tue, 04 Apr 2017 09:59:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341201 The tribunal allowed both appeals, directing the Assessing Officer to re-examine the assessment of the waived loan amount as income and permitting the set off of unabsorbed depreciation from the assessment year 2000-01 in the year under consideration. The tribunal emphasized adherence to legal precedents and thorough examination of appellant's contentions. Case-Laws Income Tax Mon, 20 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341201