Unabsorbed depreciation which could not be setoff in the same assessment year, can be carried forward up to
A. 4 years
B. 8 years
C. 10 years
D. Indefinite period
Answer:D
Unabsorbed depreciation which could not be setoff in the same assessment year, can be carried forward up to
A. 4 years B. 8 years C. 10 years D. Indefinite period