Unabsorbed depreciation
This query is : Resolved
24 September 2013
for example, am having an income in P&L for Rs.5 laks and my expenses excluding depreciation is Rs.4.5laks. depreciation itself is Rs.1 lakh.
In this case, is the unabsorbed depreciation comes to Rs.0.5 lakh? if wrong, give me the correct answer with reason.
Thank you.
In this case, is the unabsorbed depreciation comes to Rs.0.5 lakh? if wrong, give me the correct answer with reason.
Thank you.
24 September 2013
Yes, in your case you have the depreciation loss of Rs.50,000 and this is called as unabsorbed depreciation because of this amount is not set of with the profit.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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