Rectification u/s 154: Set-Off of Unabsorbed Depreciation Allowed for Pre-2017 Assessments, Despite Section 115BBE Amendments.

Rectification u/s 154: Set-Off of Unabsorbed Depreciation Allowed for Pre-2017 Assessments, Despite Section 115BBE Amendments. https://www.taxtmi.com/highlights?id=65587 Rectification u/s 154 - set-off of unabsorbed depreciation against the income from other source in violation of Section 115BBE - amendment brought about by Finance Act, 2016 w.e.f 01.04.2017 - prior to AY 2017-18 the said set off of loss has to be allowed and so the unabsorbed depreciation. - AT en-us Mon, 12 Sep 2022 11:35:56 +0530 Mon, 12 Sep 2022 11:35:56 +0530 TaxTMI RSS Generator Rectification u/s 154: Set-Off of Unabsorbed Depreciation Allowed for Pre-2017 Assessments, Despite Section 115BBE Amendments. https://www.taxtmi.com/highlights?id=65587 Rectification u/s 154 - set-off of unabsorbed depreciation against the income from other source in violation of Section 115BBE - amendment brought about by Finance Act, 2016 w.e.f 01.04.2017 - prior to AY 2017-18 the said set off of loss has to be allowed and so the unabsorbed depreciation. - AT Highlights Income Tax Mon, 12 Sep 2022 11:35:56 +0530 https://www.taxtmi.com/highlights?id=65587