Case Law Details
Case Name : Phoenix Lamps Ltd. Vs Addl. CIT (ITAT Delhi)
Related Assessment Year : 2003- 2004
Courts :
All ITAT ITAT Delhi
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RELEVANT PARAGRAPHS:
14. It is relevant to state the provision of section 10A(4) as applicable to the assessment year, in which the assessee began production with effect from 01.02.1993 and became entitled to get deduction. The relevant section 10A(4) reads as under :-
“Notwithstanding anything contained in any other provision of this Act, in computing the total income of the assessee of the previous year relevant to the assessment year immediately succeeding the last of the relevant assessment years, or of any previous year, relevant to any subsequent assessment year, –
(i) sectio...
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The unabsorbed depriciation we can can carried should be based on whether on income tax act or on compnies act
and which depriciation we should take in calculation of MAT