https://www.taxtmi.com/caselaws?id=281878 Successor company carry-forward of predecessor's unabsorbed depreciation was denied on the facts and circumstances of the reference, which followed the view already taken in a connected matter involving the same question. The court held that the Income-tax Officer was correct in law in refusing to carry forward the unabsorbed depreciation into the company's relevant assessment year. en-us Tue, 11 Mar 1941 00:00:00 +0530 Wed, 10 Jul 2019 12:52:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281878 Successor company carry-forward of predecessor's unabsorbed depreciation was denied on the facts and circumstances of the reference, which followed the view already taken in a connected matter involving the same question. The court held that the Income-tax Officer was correct in law in refusing to carry forward the unabsorbed depreciation into the company's relevant assessment year. Case-Laws Income Tax Tue, 11 Mar 1941 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281878