Delhi HC Rejects Plea Against BCCI Team Named 'Team India', Terms it a Sheer Waste of Time  ||  Bombay HC: No Absolute Right for Citizens to Access Public Offices  ||  Delhi HC: Suit Withdrawal After Compromise Doesn’t Result in Executable Decree  ||  Delhi HC: ITSC Abolition Doesn’t Void Settlement Pleas Filed Between Feb 1–Mar 31, 2021  ||  Rajasthan HC: State Must Set Up Trauma Centre, Art Institute; Temple Board Can Only Assist  ||  Kerala HC: LIC Cancer Cover Starts From First Diagnosis After Waiting Period, Not Expert Opinion  ||  Kerala HC: Spouse’s Ill Treatment of Children is Cruelty under Section 10(1) Divorce Act  ||  Supreme Court Acquits Chennai Man Sentenced to Death in Child Rape-Murder Case  ||  SC: Only Disclosure Leading to Weapon Recovery Admissible under Section 27 Evidence Act  ||  Supreme Court Orders Strict Enforcement on Helmets, Lane Discipline & Headlight Use    

Bombay HC: It Is AO’s Duty to Adjust Unabsorbed Depreciation - (25 Jul 2023)

DIRECT TAXATION

Bombay HC while quashing the reassessment order has observed that the Assessing Officer (AO) has no jurisdiction to reopen the assessment as he had in his possession all the primary facts and it was for him to draw a proper inference regarding adjustment of brought forward unabsorbed depreciation.

Tags : BOMBAY HC   UNABSORBED DEPRECIATION  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved