depriciation
This query is : Resolved
17 January 2011
Where depriciation schedule of erlier years not available as per income tax act,but only company depriciation schedule of earlier years available. then how can i charge depriciation as per income tax act in current year?i am working on a company which return is not filed for 5 years.please help me as soon as possible.
17 January 2011
You may furnish the headings under which assets are lying and the years for which you require the rates. Caclub experts will provide you the rates of Depreciation.
Guest
Guest
(Expert)
17 January 2011
It is not 100% correct but you can go 5 years back and get the W.D.V. of last 5 years as per Incometax Act on 5 years old WDV as per Companies Act and then calculate depreciation for the current year.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Supply through E-commerce Operators
- TAN for Partnership
- Sales return eway bill
- Relief u/s Section 89
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- STCG on ETF gold & silver
- If there is Long term capital gain exists how much total income to be considered
- GST Rate applicable for 0% Food Items sold by an Industrial Caterer
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
