Unabsorbed depreciation can't offset salary income, but carry forward is allowed; business losses also can't offset salary.

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....Set off of unabsorbed depreciation allowances against income under the head salary - losses under the head income from business or profession, including unabsorbed depreciation, if any cannot be set off against income assessable under the head salaries - disallowances confirmed - however, carry forward of unabsorbed depreciation allowed - AT....