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Unabsorbed depreciation is allowed to be carried forward even if return isn’t filed within due date
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Corporate Tax
Unabsorbed depreciation is allowed to be carried forward even if return isn’t filed within due date
Posted on
on
June 16, 2016
Tenet Tax Daily June 10 2016
By
tenettax-team
Corporate Tax
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Sum received for rendering composite service of managerial and technical nature can’t be taxed without segregation
Compensation paid by firm to its retiring partner is treated as goodwill, eligible for depreciation
