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(Querist)
04 August 2014 DEAR SIR,

SHALL WE DECREASE THE VALUE OF ASSET BY ADDITIONAL DEPRECIATION WHICH WAS CALCULATED AS PER IT ACT. IF NO, PLEASE CLARIFY, IF YES, PLEASE CLARIFY WITH AN EXAMPLE.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
04 August 2014 the add dep is only for purpose of income tax act but for genral purpose fin statment u should not deduct add dep.

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