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Depreciation in itr 4

This query is : Resolved 
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(Querist)
14 July 2019 While Filling ITR 4 under Section 44AD Can we claim Depreciation as expense or we have to move to capital ledger?
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CMA ALKESH PATEL

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CMA ALKESH PATEL (Expert)
15 July 2019 An assessee who wants to take advantage of Section 44AD is not allowed to claim any deduction under Sections 30 to 38 (including depreciation or unabsorbed depreciation). However, the written down value - value of an asset after factoring depreciation - of an asset used in such business will be calculated as if depreciation under Section 32 is claimed and actually allowed.
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Kelvin Bhuva

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Kelvin Bhuva (Querist)
15 July 2019 thanks CMA ALKESH PATEL
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Aashok Kumar Sharma online

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Aashok Kumar Sharma online (Expert)
31 May 2020 Yes. Depreciation is not allowed.....
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