Depreciation Loss
This query is : Resolved
16 April 2009
How many years we can carry forward Depreciation Loss? and under which section
16 April 2009
Unabsorbed depreciation can be c/fd to any number of years until it is fully se-off. Section is 32(2)of the Income tax Act,1961.
16 April 2009
infinite numbers of years
16 April 2009
As per provision of Sec 32 Of I T Act 1961 Depreciation loss can be c/fd to any number of years.
Reply of CA Chakrapani is agreed
Reply of CA Chakrapani is agreed
17 April 2009
agreed
21 April 2009
i agree with the experts
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