Unabsorbed Depreciation


This query is : Resolved 

(Querist)
04 December 2008 unabsorbed Depreciation loss Can be Carry Forward even if Belated.

Manoj (Expert)
04 December 2008 Unabsorbed depreciation can be carried forward even if belated return is filed as it is governed by section32(2) and not by section 72 of the Income Tax Act, 1961


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