https://www.taxtmi.com/caselaws?id=57545 The tribunal upheld rectificatory orders adjusting unabsorbed depreciation against gross total income, disallowing deduction under section 80HHC, and levying additional tax and interest. The appeals challenging these actions were dismissed, emphasizing the necessity to adjust unabsorbed depreciation before allowing deductions under Chapter VI-A. The tribunal found the rectificatory orders valid and in accordance with the law, rejecting arguments based on judgments from other high courts. en-us Thu, 04 Sep 1997 00:00:00 +0530 Fri, 10 Dec 2010 17:01:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57545 The tribunal upheld rectificatory orders adjusting unabsorbed depreciation against gross total income, disallowing deduction under section 80HHC, and levying additional tax and interest. The appeals challenging these actions were dismissed, emphasizing the necessity to adjust unabsorbed depreciation before allowing deductions under Chapter VI-A. The tribunal found the rectificatory orders valid and in accordance with the law, rejecting arguments based on judgments from other high courts. Case-Laws Income Tax Thu, 04 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57545