depreciation
This query is : Resolved
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
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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