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Depreciation under Income Tax AcT

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(Querist)
24 August 2020 Can we claim depreciation at lower rate under sec 32 of income tax act?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
24 August 2020 No, you can't claim lower rate of depreciation under income tax.
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sd. aleem

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sd. aleem (Querist)
24 August 2020 Thank You Sir,
Do we have option of not to claim depreciation?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
24 August 2020 No option, it's mandatory to claim depreciation.

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