Amt computation
Vicky Shah (Student) (126 Points)
30 November 2015Vicky Shah (Student) (126 Points)
30 November 2015
CA Goutam Sharma
(Chartered Accountant in Practice)
(468 Points)
Replied 30 November 2015
This one is very similar or exactly the same question as given in CA Final Paper of DT nov 2015. The deduction claimed under 35AD is added back and the amount of Depreciation that would have been charged had there been no allowance under 35AD given to assessee, is allowed as deduction.
Vicky Shah
(Student)
(126 Points)
Replied 01 December 2015
Thanks Goutam, my question is,
since warehouse was setup in 13-14 , so can assessee get depreciation for f.y 13 - 14 and 14 - 15 , had there been no allowance under 35AD??
Thanks,
Karthik.V.Kulkarni
(Chartered Accountant)
(594 Points)
Replied 01 December 2015
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies