Unabsorbed depreciation
This query is : Resolved
CA Sanjay Baheti
(Querist)
23 August 2012
One of my client being a Private Ltd Co. having Book loss of Rs.22,52,036/- for the Ass. Year 2012-13 relevant to F.Y.2011-12.
This Book Loss after providing Depreciation as per Comapnies Act on SLM basis of Rs.3,81,445/- Moreover the Depreciation as per I.T.Act is Rs.23,63,364/- including Addtional Depreciation On Plant & Machinery as per section 32 (2) of I.T Act. Now based on that the Business Loss for said Asstt.Year is Rs.42,33,955/-being carried forward for next Asstt.Year.
Hence query is how much Business Loss & unabsorbed Depreciation for the said Asstt.Year is to be shown in ITR-6 so far Schedules realted to Carried forward of Business Losses and Unabsorbed Depreciation is concerned for the said Asstt.Year.
This Book Loss after providing Depreciation as per Comapnies Act on SLM basis of Rs.3,81,445/- Moreover the Depreciation as per I.T.Act is Rs.23,63,364/- including Addtional Depreciation On Plant & Machinery as per section 32 (2) of I.T Act. Now based on that the Business Loss for said Asstt.Year is Rs.42,33,955/-being carried forward for next Asstt.Year.
Hence query is how much Business Loss & unabsorbed Depreciation for the said Asstt.Year is to be shown in ITR-6 so far Schedules realted to Carried forward of Business Losses and Unabsorbed Depreciation is concerned for the said Asstt.Year.
CA Ayush Agarwal
(Expert)
23 August 2012
In ITR to be Show is:-
C/F Unabsorbed Dep is 2363364/-
C/f BL - 2252036+381445-2363364+2363364
C/F Unabsorbed Dep is 2363364/-
C/f BL - 2252036+381445-2363364+2363364
CA Sanjay Baheti
(Querist)
29 August 2012
Mr Ayush Agarwal
I know that the above mentioned figures have to shown as Business Loss & Unabsorbed depreciation respectively.But my actual Query is how to disclose the same in ITR-6 so far Corporate Assesse is concerned particularly in Schedule CYLA and UD Schedule respectively in Excel Format.
Please check and revert back.
I know that the above mentioned figures have to shown as Business Loss & Unabsorbed depreciation respectively.But my actual Query is how to disclose the same in ITR-6 so far Corporate Assesse is concerned particularly in Schedule CYLA and UD Schedule respectively in Excel Format.
Please check and revert back.
02 August 2025
https://docs.google.com/document/d/1jqpqWtVUnxa9sUwtnRKmgOzquJZNIwTI2HY6_m8Iuvk/edit?usp=sharing
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