Assessee Can Claim Deduction on Current Year Profits u/s 80IA Without Setting Off Past Losses or Depreciation.

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....Claim of deduction u/s 80IA - there is no question of setting off notionally carried forward unabsorbed depreciation or loss against the profits of the unit and the assessee is entitled to claim deduction u/s 80IA on the current assessment year on the current year profit - AT....