https://www.taxtmi.com/highlights?id=62830 Rectification of mistake - Computation of income u/s. 154 - the non adjustment of brought forward depreciation from profits and gains of business and profession, for determining the quantum of deduction u/s 80IA of the Act is a patent mistake amenable to rectification u/s 154 - The rectification so effected in the present case by adjusting brought forward depreciation against profits of the business before granting deduction u/s 80IA of the Act is therefore upheld. - AT en-us Fri, 08 Apr 2022 08:03:53 +0530 Fri, 08 Apr 2022 08:03:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=62830 Rectification of mistake - Computation of income u/s. 154 - the non adjustment of brought forward depreciation from profits and gains of business and profession, for determining the quantum of deduction u/s 80IA of the Act is a patent mistake amenable to rectification u/s 154 - The rectification so effected in the present case by adjusting brought forward depreciation against profits of the business before granting deduction u/s 80IA of the Act is therefore upheld. - AT Highlights Income Tax Fri, 08 Apr 2022 08:03:53 +0530 https://www.taxtmi.com/highlights?id=62830