{"id":22669,"date":"2021-11-17T16:25:39","date_gmt":"2021-11-17T10:55:39","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-kmc-speciality-hospitals-india-ltd-2021436-itr-534-mad-hc\/"},"modified":"2022-02-10T11:56:13","modified_gmt":"2022-02-10T06:26:13","slug":"cit-v-kmc-speciality-hospitals-india-ltd-2021436-itr-534-mad-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-kmc-speciality-hospitals-india-ltd-2021436-itr-534-mad-hc\/","title":{"rendered":"CIT v. KMC Speciality Hospitals India Ltd. (2021)436 ITR 534\/ 283 Taxman  13 (Mad.)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that unabsorbed depreciation relating to the assessment year 1997-98 to 200-01 was eligible for set off against income for the assessment year 2005-06.\u00a0 Circular No. 14 of 2001 dated November 9, 2001 ([2001] 252 ITR (St.) 65, 90). (AY.2007-08)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 32 : Depreciation-Carry forward and set off-Unabsorbed depreciation on 1-4-2002 can be carried forward and set off  without  taking into account number of  years of such carry forward. [S. 32 (2)]   <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-22669","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5TD","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=22669"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22669\/revisions"}],"predecessor-version":[{"id":24842,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22669\/revisions\/24842"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=22669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=22669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=22669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}