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Depreciation

This query is : Resolved 
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(Querist)
11 July 2008 My income is below Rs. 25,000 and I had an asset but I am not claiming Depreciation on it in the return. Can I do this because if I will claim it my Capital will reduced due to loss.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
11 July 2008 What is the head of income you are referring to?
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Sanjay Jain

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Sanjay Jain (Querist)
11 July 2008 Income from other sources and Income from House Property
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