Menu
Unabsorbed depreciation
dear all,
the company sold all assets during the year can company carried forward the unabsorbed depreciation
Replies (4)
When all the assets are sold STCG / STCL will arise .
It needs to be computed according ro Sec 50 (2)
No depn
No carry forward of unabsorbed depreciation allowed in case of slump sale.
Friends no slump sale and I am talking about the unabsorbed depreciation
Unabsorbed depriciation can be carried forward n no of years , this can also be set off aginst income from salary also
Recent Threads
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
Related Threads
CAclubindia
