If 44ae is adpoted then where to show depreciation in books
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 August 2016
IF 44AE IS ADPOTED THEN WHERE TO SHOW DEPRECIATION IN BOOKS OF ACCOUNT
OR
WHAT ABOUT THE TREATMENT OF DEPRECIATION FOR PREPARETION OF BALANCE SHEET PURPOSE
PLS REPLY IT'S URGENT
THANKS IN ADVANCE
OR
WHAT ABOUT THE TREATMENT OF DEPRECIATION FOR PREPARETION OF BALANCE SHEET PURPOSE
PLS REPLY IT'S URGENT
THANKS IN ADVANCE
CA Ayush Agarwal
(Expert)
25 August 2016
Section 44AE Purely for Computing Income Tax Liablity.
Don't mess with Books of Accounts which is separate, Make Normal BOA if you want to maintain it.
Just for Computation 44AE will,be applied.
Don't mess with Books of Accounts which is separate, Make Normal BOA if you want to maintain it.
Just for Computation 44AE will,be applied.
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