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DEPRICIATION TO PREOPERATIVE EXP

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 February 2010 CAN I TRANSFER DEPRICIATION ON ASSETS TILL NOT USE IN OPERATION FOR NEWLY INCORPORATED COMPNY
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CA. Amit Daga

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CA. Amit Daga (Expert)
09 February 2010 No you cant because assets should be on use
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CA Prashant Gupta

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CA Prashant Gupta (Expert)
09 February 2010 if first year it should be in use but if it is for second year you can claim dep
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