Depreciation Loss

This query is : Resolved 

16 April 2009 How many years we can carry forward Depreciation Loss? and under which section

16 April 2009 Unabsorbed depreciation can be c/fd to any number of years until it is fully se-off. Section is 32(2)of the Income tax Act,1961.

16 April 2009 infinite numbers of years

16 April 2009 As per provision of Sec 32 Of I T Act 1961 Depreciation loss can be c/fd to any number of years.
Reply of CA Chakrapani is agreed

17 April 2009 agreed

21 April 2009 i agree with the experts


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