depreciation


This query is : Resolved 

(Querist)
23 September 2009 what is the basis for charging depreciation under IT?

If one unit of company is totally closed or shut down can v claim depreciation under IT?

supose last year v didnt claim can v claim this year

23 September 2009 Yes after deduct last year deduct, you can claim depreciation on balance amt of block.


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