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set off carry forward---income tax

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(Querist)
21 April 2011 what is the tax treatment of unabsorbed depriciation???

whether it setoff against salary or not??/
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ankit jain

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ankit jain (Querist)
21 April 2011 plz reply......actually m in trouble...
in some books set off is possible but in some not????
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Ratan Sharma

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Ratan Sharma (Expert)
21 April 2011 No set off is allowable from salary income. unabsorbed depreciation can be set off from business income .
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ankit jain

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ankit jain (Querist)
21 April 2011 what is the tax treatment of unabsorbed depriciation???

whether it setoff against salary or not??/
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
21 April 2011 set off against salary not allowed.
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ankit jain

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ankit jain (Querist)
26 April 2011 thanx.....

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