{"id":35727,"date":"2023-08-27T18:00:28","date_gmt":"2023-08-27T12:30:28","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-j-k-fenner-india-ltd-2022-220-ttj-595-chennaitrib-2\/"},"modified":"2023-08-27T18:00:28","modified_gmt":"2023-08-27T12:30:28","slug":"acit-v-j-k-fenner-india-ltd-2022-220-ttj-595-chennaitrib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-j-k-fenner-india-ltd-2022-220-ttj-595-chennaitrib-2\/","title":{"rendered":"ACIT v. J. K. Fenner (India) Ltd. (2022) 220 TTJ 595 (Chennai)(Trib)"},"content":{"rendered":"<p>Held that the unabsorbed depreciation of asst. yrs. 1997-98 to 1999-2000 would become part of depreciation of\u00a0 assessment year\u00a0 2002-03 and subsequent years and therefore, the same could be set off during any number of years in view of the provisions of s. 32(2) as amended by Finance Act, 2001. (AY.\u00a0 2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 32 : Depreciation-Unabsorbed depreciation&#8211;Carry forward and set off-Could be set off during any number of years in view of the provisions of  S. 32(2) as amended by Finance Act, 2001.[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_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":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-35727","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9if","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35727","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=35727"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35727\/revisions"}],"predecessor-version":[{"id":35728,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35727\/revisions\/35728"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=35727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=35727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=35727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}