Depreciation of assets
priyanka pal (110 Points)
08 September 2021
is dep mandatory as per income tax act if assets not used after put to use?
4 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177964 Points)
Replied 08 September 2021
Yes, it must be accounted.
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 08 September 2021
Yes , Depreciation is applicable .
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 08 September 2021
Depreciation is mandatory
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