What is the treatment under depreciation as per Income tax act in case of impairment of capital assets.
Can we take the same under deduction? & claim no depreciation
If we can take the same under deduction then at what value?
Julie Mehta (manager) (51 Points)
29 October 2009What is the treatment under depreciation as per Income tax act in case of impairment of capital assets.
Can we take the same under deduction? & claim no depreciation
If we can take the same under deduction then at what value?
Sorabh Gupta
(Manager ( Taxation ))
(877 Points)
Replied 29 October 2009
Julie
Can you explain more that what exactly you require...............
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
