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Can we claim depreciation in case of loss?

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02 September 2014 Hello Sir,
I want to know that in one business there is a profit but if we claim depreciation us 32 then there is a loss then tell me can we claim depreciation?
If no then total depreciation is carried forward or to the extent of profit disallowed and carried forward to next year.

03 September 2014 as per sec 32 , you should claim deprecation , as unabsorbed dep can be carried forward for any number of years.



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