https://www.taxtmi.com/manuals?id=4947 Unabsorbed Depreciation is the portion of a taxpayer's depreciation allowance remaining unallowed at the time of a reorganisation and which would have been allowable to the transferor entity had the amalgamation or business reorganisation not occurred. Under section 72AA this applies to amalgamating banking companies, corresponding new banks and Government companies; under section 72AB(7)(b) it applies to amalgamating or demerged co operative banks. en-us Wed, 11 Sep 2024 10:40:00 +0530 Wed, 06 Nov 2024 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4947 Unabsorbed Depreciation is the portion of a taxpayer's depreciation allowance remaining unallowed at the time of a reorganisation and which would have been allowable to the transferor entity had the amalgamation or business reorganisation not occurred. Under section 72AA this applies to amalgamating banking companies, corresponding new banks and Government companies; under section 72AB(7)(b) it applies to amalgamating or demerged co operative banks. Manuals Income Tax Wed, 11 Sep 2024 10:40:00 +0530 https://www.taxtmi.com/manuals?id=4947