set off carry forward---income tax
This query is : Resolved
ankit jain
(Querist)
21 April 2011
what is the tax treatment of unabsorbed depriciation???
whether it setoff against salary or not??/
whether it setoff against salary or not??/
ankit jain
(Querist)
21 April 2011
plz reply......actually m in trouble...
in some books set off is possible but in some not????
in some books set off is possible but in some not????
Ratan Sharma
(Expert)
21 April 2011
No set off is allowable from salary income. unabsorbed depreciation can be set off from business income .
ankit jain
(Querist)
21 April 2011
what is the tax treatment of unabsorbed depriciation???
whether it setoff against salary or not??/
whether it setoff against salary or not??/
CA Ravi Sisodia
(Expert)
21 April 2011
set off against salary not allowed.
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ankit jain
(Querist)
26 April 2011
thanx.....
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