Allowance of unabsorbed depriciation


This query is : Resolved 

(Querist)
11 June 2015 Is unabsorbed depriciation in partnership firm allowed to carry forward to individual prorietor when after conversion of partneship to propreitorship...plzz reply as soon as possible as my client is sitting and i want to fill the return...

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Guest (Expert)
11 June 2015 NO Losses & Unabsorbed can be carry forward by a firm only..

Rupesh Jain (Expert)
11 June 2015 no prop. can not take c/f the loss or depreciaion


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