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Unabsorbed depreciation

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05 September 2012 is there any chance to claim unabsorbed depreciation against any head of income other than bp & salary income.suppose last year we r having dep loss of Rs 3crores and this year there is a capital gain of RS 3.7 crores arises on depreciable asset& no other income is there. then how much we r going to pay tax ?

or

tell me the tax managment techniques to minimise my tax liability on such cg?

06 September 2012 Your entire depreciation will be added with the cost of the asset and short term capital gain will be only 0.70 crores.

07 September 2012 thanks for ur valuable suggestion but i want to know more information briefly.will u please provide ?




08 September 2012 My email - soumitra_tax@yahoo.co.in
Mobile No. - 9434001177



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