Assessees can claim unabsorbed depreciation beyond eight years u/s 32(2) of the Income Tax Act.

Assessees can claim unabsorbed depreciation beyond eight years u/s 32(2) of the Income Tax Act. https://www.taxtmi.com/highlights?id=51731 Unabsorbed depreciation claimed u/s 32(2) - Claim beyond the period of eight years - the assessee is entitled to avail of the unabsorbed depreciation beyond the period of eight years which was prescribed under the unamended Section 32 of the Act. en-us Wed, 12 Feb 2020 08:44:57 +0530 Wed, 12 Feb 2020 08:44:57 +0530 TaxTMI RSS Generator Assessees can claim unabsorbed depreciation beyond eight years u/s 32(2) of the Income Tax Act. https://www.taxtmi.com/highlights?id=51731 Unabsorbed depreciation claimed u/s 32(2) - Claim beyond the period of eight years - the assessee is entitled to avail of the unabsorbed depreciation beyond the period of eight years which was prescribed under the unamended Section 32 of the Act. Highlights Income Tax Wed, 12 Feb 2020 08:44:57 +0530 https://www.taxtmi.com/highlights?id=51731