https://www.taxtmi.com/caselaws?id=404173 The Tribunal ruled in favor of the assessee, directing the AO to recompute book profits by allowing the reduction of unabsorbed depreciation under section 115JB of the Income Tax Act. The Tribunal dismissed the revenue's appeal and instructed the AO to verify and grant TDS credits to the assessee accordingly. en-us Wed, 13 Jan 2021 00:00:00 +0530 Tue, 29 Oct 2024 14:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404173 The Tribunal ruled in favor of the assessee, directing the AO to recompute book profits by allowing the reduction of unabsorbed depreciation under section 115JB of the Income Tax Act. The Tribunal dismissed the revenue's appeal and instructed the AO to verify and grant TDS credits to the assessee accordingly. Case-Laws Income Tax Wed, 13 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404173