Unabsorbed depreciation
This query is : Resolved
10 March 2016
Dear Friends / Experts,
Please guide me on the following, IF POSSIBLE:
Following is the position of a Firm for AY 2014-15:
Taxable income Rs.35000/-
Less: Income Tax Depreciation Rs.90000/-
Hence, Loss Rs.55,000.
Query
Whether I can fill IT Depreciation Rs.90000/- in the Schedule Unabsorbed Depreciation
or
I should fill only Rs.55000/- in the Schedule Unabsorbed Depreciation
or
I need not fill either amounts in the Schedule UD?
Please suggest the appropriate manner to understand..............
Thanks in advance for possible replies from all concerned.
Please guide me on the following, IF POSSIBLE:
Following is the position of a Firm for AY 2014-15:
Taxable income Rs.35000/-
Less: Income Tax Depreciation Rs.90000/-
Hence, Loss Rs.55,000.
Query
Whether I can fill IT Depreciation Rs.90000/- in the Schedule Unabsorbed Depreciation
or
I should fill only Rs.55000/- in the Schedule Unabsorbed Depreciation
or
I need not fill either amounts in the Schedule UD?
Please suggest the appropriate manner to understand..............
Thanks in advance for possible replies from all concerned.
11 March 2016
Rs. 55,000 to be filled in Schedule UD under column ' balance c/fd to next yr.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
OR add as source on Google news
- ITR 3 VALIDATION
- Acquisition of a society by a company
- EPF withdrawal before 5 years and Disclosure in ITR-2
- Brokage income from sale and purchase of property
- Clarification on ITR 3: Is Sl. No. 64 required for 44ADA income?
- ITC Utilization on vehicle repair
- Investment guidance for NRI
- Transfer of partnership interest in LLP
- Category of defect A error
- Filling of Form 26QB - Date
- STCG tax is not showing
- GST Applicability on Fair Price Shop Commission Income
- GST Registration require or not
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- GST on Restaurant service
- Revision under Section 264 in The Income Tax Act, 1961
- TDS under section 195.
- Filing GST Returns after death of proprietor
- Registered Required in GST Act
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
OR add as source on Google news
CAclubindia
