AS as per 22

This query is : Resolved

Daya (Querist)
Follow

07 December 2021 Why as per AS 22 Depreciation same amount one time add and Less in Computing income tax of LLP What is reason behind it , while in the case of company Depreciation as per company act Add and Depreciation as per income tax is made minus.
Please reply.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

07 December 2021 It's the income tax depreciation provided in books of accounts of LLP.
Hence there is no difference.

Daya

Daya (Querist)
Follow

08 December 2021 what is meaning of No difference . Please reply sir.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

09 December 2021 No difference means same amount of depreciation provided in accounts and claimed in income tax.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

tsrandcompany@gmail.com

John Ravindran Moses

CA Uzma Khan

Adv Ashish Vishwakarma

yadagiri

Subscribe Now

AS as per 22

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

Senior Executive

GST CONSULTANCY

Manager- Finance and Compliance

CA Final

GST CONSULTANT