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Claiming depreciation-reg

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(Querist)
13 November 2013 Whether depreciation can be allowed for non-running unis (building/pant &machinery)
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
14 November 2013 is the whole business shut or only a part of it
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
14 November 2013 No depreciation is allowed on non running Business units and its machinery..
However, unabsorbed dep on such units can be claim on other incomes...
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