24 results for “depreciation”+ Section 145(2)clear
Sorted by relevance
Key Topics
Showing 1–20 of 24 · Page 1 of 2
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
depreciation and referred to the Memorandum explaining the provisions of Finance Bill, 2022 and mentioned that the main reason to bring new Section 79A in the statue book was that there was currently no provision in the Act to disallow such business loss with the surrendered income and the new section is applicable from assessment year 2022-23 onward