Unabsorbed depreciation

This query is : Resolved 

14 February 2019 Can unabsorbed depreciation set off against capital gain? Capital gain is long term capital gain emerged from sale of shares hold as investment.

15 February 2019 Unabsorbed depreciation can be set off against any income other than income under the head 'Salary income'. So you can set off it against capital gain.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries