Depreciation

This query is : Resolved 

03 May 2011 Dear experts,

what is unabsorbed depreciation ?

Please give me example.

03 May 2011 spouse company having loss of rs. 100 after claiming depreciation of rs. 50

so now we called unabsorbed depreciation is rs 50 and business loss of rs. 50

and if spouse company having loss of rs. 100 after claiming depreciation of rs. 200

so now we called unabsorbed depreciation is rs 100

04 May 2011 Sir,

is this a depreciation as per i.t. Act or companies act ?


04 May 2011 if depreciation is as per income tax, then unabsorbed depreciation would be as per income tax.

if depreciation is as per companies act, then unabsorbed depreciation would be as per books of accounts.

05 May 2011 Thank you sir.



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