Depreciation details in income tax audit report u/s 44ab
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 June 2015
Is depreciation details are required to be given in form 3CD eventhough the assessee has not claimed deprecition under Income Tax Act?. Assesse has also not provided depreciation in his books of accounts.
Nikhil Kaushik
(Expert)
18 June 2015
as an auditor you don't have an option not to provide for depreciation. Whether assessee claim it or not, doesn't matter
Rupesh Jain
(Expert)
18 June 2015
as per income tax depreciation are taken when make assessment, you are claim or not , you have to fill the depreciation column with correct figure, its no diff. assesse claim in book or not.
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