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Commerce · Q710

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 710

Q710

If the business or profession has been discontinued, unabsorbed depreciation can be

A.
set-off against income from business or profession
B.
set-off against income from any head
C.
carried forward and set-off for indefinite period
D.
All of the above
Answer

Answer: Option D

Solution

Answer: Option D
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