Can A.O. denied the set off of brought forward depreciation of A.Y. 1999-2000 & 2000-2001 against the income from house property in A.Y. 2006-2007?
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Set off of brought forward depreciation
Replies (1)
SET OFF AGAINST ANY HEAD OF INCOME.INCLUDING INCOME FROM HOUSE PROPERTY.
NO ASSESSING OFFICER CANNOT BE DENIED.
NOTE;IT IS NOT APPLICABLE TO YOUR QUERY. COZ U ARE ASKING FOR A.Y2006-07. JUST FORGOT IT.
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