Unabsorbed depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 August 2012
Can anybody update me u/s.32(2), regarding unabsorbed deprection. The balance amount sett off in the current year business with other source of income except salaries, my question, can we set off the carried forward unabsorbed depeciation with any head of income except salaries. pls clarify.
27 August 2012
Yes it can be C/f and s/off against any head of income.
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