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Under section 33(11) of the Income-tax Act, 2025, depreciation that cannot be fully allowed in a tax…

Section 33(11)(b) carries the unabsorbed allowance into the succeeding year and continues "and so on". It does not impose the eight-year ceiling applicable to ordinary…

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Under section 33(11) of the Income-tax Act, 2025, depreciation that cannot be fully allowed in a tax year for want of sufficient profits can be carried forward

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Correct answer A

Section 33(11)(b) carries the unabsorbed allowance into the succeeding year and continues "and so on". It does not impose the eight-year ceiling applicable to ordinary business losses under section 112(2).

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