Easy Office
LCI Learning

depreciation

This query is : Resolved 
Profile Image

Profile Image

(Querist)
23 September 2009 what is the basis for charging depreciation under IT?

If one unit of company is totally closed or shut down can v claim depreciation under IT?

supose last year v didnt claim can v claim this year
Profile Image

CA CHINTAN AJMERA

Profile Image

CA CHINTAN AJMERA (Expert)
23 September 2009 Yes after deduct last year deduct, you can claim depreciation on balance amt of block.

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links