https://www.taxtmi.com/caselaws?id=49279 The Supreme Court upheld the High Court's decision that unabsorbed depreciation from past years should be added to the current year's depreciation and deducted from the total income of the previous year relevant to the assessment year 1952-53. The appeal was dismissed with costs. en-us Mon, 01 Nov 1965 00:00:00 +0530 Tue, 19 Aug 2014 08:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49279 The Supreme Court upheld the High Court's decision that unabsorbed depreciation from past years should be added to the current year's depreciation and deducted from the total income of the previous year relevant to the assessment year 1952-53. The appeal was dismissed with costs. Case-Laws Income Tax Mon, 01 Nov 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49279