https://www.taxtmi.com/acts?id=41390 The amendment denies set-off of unabsorbed depreciation and brought forward loss for any previous year in which an assessee declares profits and gains under the presumptive mechanism in sub section (1) of section 44BBB, operating notwithstanding specified provisions relating to depreciation and carry forward losses. en-us Thu, 30 Mar 2023 15:23:28 +0530 Sat, 01 Apr 2023 16:50:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41390 The amendment denies set-off of unabsorbed depreciation and brought forward loss for any previous year in which an assessee declares profits and gains under the presumptive mechanism in sub section (1) of section 44BBB, operating notwithstanding specified provisions relating to depreciation and carry forward losses. Act-Rules F. Acts / Amendment Acts Thu, 30 Mar 2023 15:23:28 +0530 https://www.taxtmi.com/acts?id=41390