Depreciation u/sec. 44ad

This query is : Resolved 

28 January 2013 SIR,

CAN AN ASSESSEE DECLARING INCOME U/SEC.44AD CLAIM DEPRECIATION FORM THAT INCOME. PL CLARIFY

28 January 2013 The Income declared U/s 44AD is Income after Depreciation. However in Balance sheet assets are to be shown by deducting Depreciation from the WDV as on 31.03.201X


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query