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Commerce · Q490

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 490

Q490

Under the Income Tax Act, 1961 unabsorbed depreciation can be carried forward for set-off purpose:

A.
For 4 years
B.
For 5 years
C.
For 8 years
D.
For unspecified period
Answer

Answer: Option D

Solution

Answer: Option D
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