depreciation
This query is : Resolved
mrinal kishore
(Querist)
14 May 2011
why claming depreciation has become mandatory after 2000 and why the locking period of 8 years for carrt forward of unabsorbed depreciation has been removed?
19 May 2011
Depreciation is mandatory as there is wear and tear in the assets and if depreciation is not claimed, the financials wont show appropriate results and the correct picture.
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