Depreciation sch. ii of comp. act 2013

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 June 2015 I want to raise a query regarding depreciation calculation in case of assets whose cost & date of purchase is not available with the assessee. Please suggest me a way of dealing with such a situation.

Abhishek Singh

Abhishek Singh (Expert)
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06 June 2015 I think in that case you can take the help of back calculation and as per the percentage calculation you should see how much % you already claim and in how many years. And an estimate need to be taken from the returns filed with it department.