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Can we claim depreciation in case of loss?

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(Querist)
02 September 2014 Hello Sir,
I want to know that in one business there is a profit but if we claim depreciation us 32 then there is a loss then tell me can we claim depreciation?
If no then total depreciation is carried forward or to the extent of profit disallowed and carried forward to next year.
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CA SUNIL K GARG

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CA SUNIL K GARG (Expert)
03 September 2014 as per sec 32 , you should claim deprecation , as unabsorbed dep can be carried forward for any number of years.
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