DEPRECIATION

This query is : Resolved 

05 February 2010 A factory remained closed due to lock out during the previous year.Whether depreciation can be claimed for the relevant previous year?

05 February 2010 Yes

05 February 2010 in income tax when dep is provided in one year then for next year dep will be applicable even if assessee don't take credit of this dep it is assumed dep is taken and for next year opening balance of asset will be taken by subtracting last year dep which is not taken by assessee.
So in your case dep will be claimed




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