https://www.taxtmi.com/caselaws?id=279732 Unabsorbed depreciation from assessment year 1997-98 was held available for carry forward and set-off against income of assessment year 2005-06 under section 32(2) of the Income-tax Act, following the binding precedent in General Motors India Pvt. Ltd. The challenge to reopening under section 147 was not separately examined because that issue had become academic in light of the controlling decision. en-us Tue, 18 Sep 2018 00:00:00 +0530 Wed, 03 Apr 2019 05:57:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279732 Unabsorbed depreciation from assessment year 1997-98 was held available for carry forward and set-off against income of assessment year 2005-06 under section 32(2) of the Income-tax Act, following the binding precedent in General Motors India Pvt. Ltd. The challenge to reopening under section 147 was not separately examined because that issue had become academic in light of the controlling decision. Case-Laws Income Tax Tue, 18 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279732