https://www.taxtmi.com/caselaws?id=365049 The court dismissed the appeal challenging the Income Tax Appellate Tribunal's order on carry forward and set-off of unabsorbed depreciation, citing the precedent set by Hindustan Unilever case. The court emphasized the finality and validity of the Hindustan Unilever decision, rejecting the appellant's request for a larger bench reference due to perceived contradictory views. The court reiterated the binding nature of the precedent, ultimately upholding the decision and dismissing the appeal. en-us Fri, 03 Aug 2018 00:00:00 +0530 Thu, 09 Aug 2018 07:29:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365049 The court dismissed the appeal challenging the Income Tax Appellate Tribunal's order on carry forward and set-off of unabsorbed depreciation, citing the precedent set by Hindustan Unilever case. The court emphasized the finality and validity of the Hindustan Unilever decision, rejecting the appellant's request for a larger bench reference due to perceived contradictory views. The court reiterated the binding nature of the precedent, ultimately upholding the decision and dismissing the appeal. Case-Laws Income Tax Fri, 03 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365049