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Depreciatiin disallowed last AY can it be claimed this year?

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(Querist)
29 May 2017 Last AY 2016-17, depreciation was disallowed as it was not filled up in the schedule DEP in ITR 4. can it claimed this AY as unabsorbed depreciation?
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CA Mohit Kumar

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CA Mohit Kumar (Expert)
29 May 2017 Depreciation is allowed to each assessee compulsorily u/s 32. If the assessee does not claim the same, it is "a mistake apparent from record" . Two option is available. 1. You may revise the return if filed within the due date. 2. If not then apply for rectification u/s 154. Further , for your information Unabsorbed dep arise only when inadequate profits in the business and not in other case...
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Ashwin Kumar Prabhakar

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Ashwin Kumar Prabhakar (Querist)
29 May 2017 Thanks for your reply
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