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depreciation

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 July 2010 i am working on small audit of sole prop. business (abc co).all the books and ledgers are provided by client in my office place.
my ques is that weather dep schedule is prepared as per income tax like gross block wise or simple asset wise.becaz it is not company.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
15 July 2010 Block concept may be followed for Income Tax purpose.
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