Depreciation


This query is : Resolved 

(Querist)
25 October 2009 Sir
Suppose a asses is going to computet the total income; But on that year Deprecation about Rs.2,00,000 & Loss is About Rs.2,00,000.whether he will gong to computet on that year?

30 October 2009 Business loss carried forward to 8 years and depreciation carried forward for indefinite period


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