Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Depreciation loss

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

04 July 2013 WHAT IS DEPRECIATION LOSS???

Karan Teli

Karan Teli (Expert)
Follow

04 July 2013 Total loss - Cash loss = Depreciation Loss, which means that of you have incurred loss in your trades normally then that would be a cash loss while any loss increased due to the effect of accounting Depreciation will lead to depreciation losses.

Say, Loss incurred in trading(without any depreciation element) = 70 and depreciation is 20, then total loss is 90, which comprises of cash loss of 70 and depreciation loss of 20.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

04 July 2013 SORRY SIR, i CAN'T UNDERSTAND PLZ EXPLAIN WITH EXAMPLES

Karan Teli

Karan Teli (Expert)
Follow

04 July 2013 exampls is also given.

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!