If 44ae is adpoted then where to show depreciation in books

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Querist : Anonymous

Querist : Anonymous (Querist)

25 August 2016 IF 44AE IS ADPOTED THEN WHERE TO SHOW DEPRECIATION IN BOOKS OF ACCOUNT

OR

WHAT ABOUT THE TREATMENT OF DEPRECIATION FOR PREPARETION OF BALANCE SHEET PURPOSE

PLS REPLY IT'S URGENT

THANKS IN ADVANCE

CA Ayush Agarwal

CA Ayush Agarwal (Expert)
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25 August 2016 Section 44AE Purely for Computing Income Tax Liablity.
Don't mess with Books of Accounts which is separate, Make Normal BOA if you want to maintain it.
Just for Computation 44AE will,be applied.

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