https://www.taxtmi.com/caselaws?id=36584 An earlier assessment classification of income does not bind the assessee in later years when statutory carry forward of unabsorbed depreciation is claimed, so the correct head of income may be re-examined for earlier years to give effect to the allowance. On that basis, carry forward and set-off were permitted for the unabsorbed depreciation relating to the assessment years 1943-44 to 1953-54. For 1954-55, however, the assessee had already taken the benefit of the assessment made under income from other sources and could not later disown that classification to secure an additional advantage; the rule against approbation and reprobation barred the claim. en-us Tue, 04 Jul 1978 00:00:00 +0530 Tue, 23 Mar 2010 12:34:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36584 An earlier assessment classification of income does not bind the assessee in later years when statutory carry forward of unabsorbed depreciation is claimed, so the correct head of income may be re-examined for earlier years to give effect to the allowance. On that basis, carry forward and set-off were permitted for the unabsorbed depreciation relating to the assessment years 1943-44 to 1953-54. For 1954-55, however, the assessee had already taken the benefit of the assessment made under income from other sources and could not later disown that classification to secure an additional advantage; the rule against approbation and reprobation barred the claim. Case-Laws Income Tax Tue, 04 Jul 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36584