Unabsorbed depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 February 2016
Dear Experts,
what is anabsorbed dep. plz clarify with an example..
Thanx in Advance.
what is anabsorbed dep. plz clarify with an example..
Thanx in Advance.
Arpit Shah
(Expert)
06 February 2016
https://www.caclubindia.com/experts/unabsorbed-depreciation-172721.asp
Dhirajlal Rambhia
(Expert)
04 October 2021
Unabsorbed depreciation is that amount of unutilised depreciation which the assessee will not be able to claim as an expense in his income tax returns due to lack of sufficient profit in the profit & loss account.
This unabsorbed amount can be set-off against other heads of income and is carried forward for adjustments in the forthcoming years. It can be carried forward perpetually for any number of years until the excess amount is fully adjusted.
This unabsorbed amount can be set-off against other heads of income and is carried forward for adjustments in the forthcoming years. It can be carried forward perpetually for any number of years until the excess amount is fully adjusted.
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