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Depreciation

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(Querist)
22 December 2008 If an Individual have two business( undedr the head sole proprietorship) should depreciation be calculated taking the block of asset together for both the business or should depreciation be charged seperately for both the business?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
22 December 2008 Depreciation should be charged separately for each business.
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CA Tilak Raj Sharma

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CA Tilak Raj Sharma (Expert)
22 December 2008 It should be charged separately.
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