In the result, the appeal of the assessee in ITA No
Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdia
disallowance of Rs.37,75,420/-. 19. Ground No.8 of the assessee’s appeal relates to non-grant of set- off of unabsorbed depreciation. The assessee contends that the Ld. AO has not granted proper benefit of carry forward and set-off of unabsorbed depreciation in the assessment year under consideration. In this regard, the first contention