A pvt. ltd. company who has loss of Rs. 200000 in the F.Y. 2009-10.
Now while computing Income / loss from B & P whether to ADD depreciation as per companies act and to deduct depreciation as per I.T. act??
Can it be taken as unabsorbed depreciation as depreciation is not absorbed????
if above step i follow then whether the income / loss from b & p will be (200000) or (200000 + depre as per co. act - depreciation as per i.tax act)????
05 May 2010
"if above step i follow then whether the income / loss from b & p will be (200000) or (200000 + depre as per co. act - depreciation as per i.tax act)????"
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