40(a)
This query is : Resolved
10 February 2011
IF TDS IS NOT BEEN DEDUCTED ON EXPENSES WHICH IS TO BE CAPITALISED WHETHER THE DEPRECIATION ON THE RELEVANT ASSET WILL BE DISALLOWED? IF IT IS DISALLOWEWD THEN UNDER WHICH SECTION (40(a) or 32)?
10 February 2011
No, Asset is not claimable under P&L, so no disallowance
Guest
Guest
(Expert)
10 February 2011
No depreciation shall not be disallowed.
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