https://www.taxtmi.com/caselaws?id=793289 For MAT computation under section 115JB, carried-forward losses and unabsorbed depreciation were to be recomputed on the correct figures, and prior book adjustments against capital reserves did not reduce their availability; the revised figures were accepted. On transfer pricing for intra-group services, the arm's length price determination required fresh examination of the evidence and additional material, and the adjustment was remanded for reconsideration after hearing the assessee. On unabsorbed depreciation relating to periods before assessment year 2002-03, binding precedent was applied to hold that the amount could be carried forward and set off beyond the earlier eight-year limit, leaving the Revenue's objection rejected. en-us Wed, 27 May 2026 00:00:00 +0530 Thu, 11 Jun 2026 13:14:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793289 For MAT computation under section 115JB, carried-forward losses and unabsorbed depreciation were to be recomputed on the correct figures, and prior book adjustments against capital reserves did not reduce their availability; the revised figures were accepted. On transfer pricing for intra-group services, the arm's length price determination required fresh examination of the evidence and additional material, and the adjustment was remanded for reconsideration after hearing the assessee. On unabsorbed depreciation relating to periods before assessment year 2002-03, binding precedent was applied to hold that the amount could be carried forward and set off beyond the earlier eight-year limit, leaving the Revenue's objection rejected. Case-Laws Income Tax Wed, 27 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793289