Assessee Can Deduct Unabsorbed Depreciation for Profit Calculation u/s 115JB of Income Tax Act.

Assessee Can Deduct Unabsorbed Depreciation for Profit Calculation u/s 115JB of Income Tax Act. https://www.taxtmi.com/highlights?id=38045 MAT - Unabsorbed depreciation is lower than the amount of brought forward losses therefore in our considered view the assessee is entitled to claim the deduction of unabsorbed depreciation while determining the profit u/s 115JB of the Act. - AT en-us Tue, 20 Feb 2018 17:51:17 +0530 Tue, 20 Feb 2018 17:51:17 +0530 TaxTMI RSS Generator Assessee Can Deduct Unabsorbed Depreciation for Profit Calculation u/s 115JB of Income Tax Act. https://www.taxtmi.com/highlights?id=38045 MAT - Unabsorbed depreciation is lower than the amount of brought forward losses therefore in our considered view the assessee is entitled to claim the deduction of unabsorbed depreciation while determining the profit u/s 115JB of the Act. - AT Highlights Income Tax Tue, 20 Feb 2018 17:51:17 +0530 https://www.taxtmi.com/highlights?id=38045