Depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 March 2018
I have charged depreciation on fixed assets which make my trust's income and expenditure a.c. balance negative. Is it correct?
20 March 2018
as long as you have charged the depreciation as per the correct rates, negative surplus is not a problem
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
OR add as source on Google news
- Acquisition of a society by a company
- EPF withdrawal before 5 years and Disclosure in ITR-2
- Rebate Under 87A Issue
- GST Applicability on Fair Price Shop Commission Income
- ITC Utilization on vehicle repair
- Transfer of immovable property without consideration
- Gratuity not yet paid shown in form 16
- FORM 115BAC
- HRA in ITR 2 FY 2024-25
- 2.25 CRORE TRADER, NO CASH TRANSACTIONS,3CD APPLICABLE?
- Mis report in excel format of hospital
- Updation Required
- Tax invoice in special case
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- GST on Restaurant service
- Revision under Section 264 in The Income Tax Act, 1961
- TDS under section 195.
- Filing GST Returns after death of proprietor
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
OR add as source on Google news
CAclubindia
