<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Unabsorbed depreciation can&#039;t offset salary income, but carry forward is allowed; business losses also can&#039;t offset salary.</title>
    <link>https://www.taxtmi.com/highlights?id=52411</link>
    <description>Set off of unabsorbed depreciation allowances against income under the head salary - losses under the head income from business or profession, including unabsorbed depreciation, if any cannot be set off against income assessable under the head salaries - disallowances confirmed - however, carry forward of unabsorbed depreciation allowed - AT</description>
    <language>en-us</language>
    <pubDate>Wed, 18 Mar 2020 12:18:06 +0530</pubDate>
    <lastBuildDate>Wed, 18 Mar 2020 12:18:06 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=607187" rel="self" type="application/rss+xml"/>
    <item>
      <title>Unabsorbed depreciation can&#039;t offset salary income, but carry forward is allowed; business losses also can&#039;t offset salary.</title>
      <link>https://www.taxtmi.com/highlights?id=52411</link>
      <description>Set off of unabsorbed depreciation allowances against income under the head salary - losses under the head income from business or profession, including unabsorbed depreciation, if any cannot be set off against income assessable under the head salaries - disallowances confirmed - however, carry forward of unabsorbed depreciation allowed - AT</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Wed, 18 Mar 2020 12:18:06 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=52411</guid>
    </item>
  </channel>
</rss>