I filed a belated return for the A.Y 2018 - 2019 with a business loss due to Unabsorbed depreciation. Can I carry forward the respective unabsorbed depreciation in the current A.Y 2019 - 2020?
Click here to view / answer Share it on1.Assessee - Resident individual. During the P. Y., 2.NonSpeculative business income - 72,000 3.LTCG from land - 8,000 4.Unabsorbed Dep - 9,000 Can assessee set off his unabsorbed dep first from LTCG then from Business income, if any left?
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