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Set off of Depreciation Cannot be Against ‘Income From Any Other Sources’: Kerala HC Dismisses Writ Petitions of Alapatt Jewellers [Read Order]
In the case of Alapatt Jewellers, the Kerala High Court has held that depreciation can only be set off against ‘profits or gains’ and not against...
![Interpretation of Section 32(2) of Income Tax Act: SC disposes of SLP filed by Income Tax Dept [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Supreme-Court-Income-Tax-Income-Tax-Department-SLP-taxscan.jpg "Interpretation of Section 32(2) of Income Tax Act: SC disposes of SLP filed by Income Tax Dept [Read Order]")
![Benefit of Carry Forward and Set Off of Unabsorbed Depreciation can be extended to a Period more than 8 Years: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/08/Depreciation-Taxscan.jpg "Benefit of Carry Forward and Set Off of Unabsorbed Depreciation can be extended to a Period more than 8 Years: Delhi HC [Read Judgment]")