https://www.taxtmi.com/caselaws?id=393535 The Tribunal upheld the disallowance of the set-off of unabsorbed depreciation against salary income based on Section 71(2A) of the Income Tax Act, 1961. However, it allowed the carry forward of unabsorbed depreciation to subsequent years. The Tribunal partly allowed both appeals, directing the Assessing Officer to examine the provisions for carrying forward unabsorbed depreciation. en-us Fri, 10 Jan 2020 00:00:00 +0530 Wed, 18 Mar 2020 12:18:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393535 The Tribunal upheld the disallowance of the set-off of unabsorbed depreciation against salary income based on Section 71(2A) of the Income Tax Act, 1961. However, it allowed the carry forward of unabsorbed depreciation to subsequent years. The Tribunal partly allowed both appeals, directing the Assessing Officer to examine the provisions for carrying forward unabsorbed depreciation. Case-Laws Income Tax Fri, 10 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393535