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Unabsorbed Depreciation Carry Forward Allowed, Not Restricted by Shareholding Change u/s 79, Governed by Section 32(2.

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....Claim of brought forward of unabsorbed depreciation - change in shareholding - applicability of restriction u/s 79 - Assessee is not carrying forward and setting off any loss but has unabsorbed depreciation, which is guided by the provisions of section 32(2) and not section 79 - AT....

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Unabsorbed Depreciation Carry Forward Allowed, Not Restricted by Shareholding Change u/s 79, Governed by Section 32(2.