https://www.taxtmi.com/caselaws?id=358596 The Tribunal upheld the decision to allow the set-off of unabsorbed depreciation for AY 1997-98 against the assessed income. The reassessment u/s. 148 for AY 2007-08 and AY 2008-09 was deemed valid, resulting in the dismissal of both Revenue's Appeals and Assessee's Cross Objections for these years. en-us Tue, 10 Apr 2018 00:00:00 +0530 Sat, 14 Apr 2018 07:18:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358596 The Tribunal upheld the decision to allow the set-off of unabsorbed depreciation for AY 1997-98 against the assessed income. The reassessment u/s. 148 for AY 2007-08 and AY 2008-09 was deemed valid, resulting in the dismissal of both Revenue's Appeals and Assessee's Cross Objections for these years. Case-Laws Income Tax Tue, 10 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358596