Unabsorbed depreciation

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varun.v (Querist)
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27 June 2014 whether it is possible to set off unabsorbed depreciation against income from winning lotteries and gain from speculation business

Nischit Sanghavi (Expert)
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27 June 2014 Unabsorbed depreciation can be set off against Speculation business but cannot against Winning from lotteries.

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