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Write off furniture & fixtures

This query is : Resolved 
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(Querist)
18 April 2024 in companies act -- furniture which has detoriated by white ants can be written off
when furniture is destroyed/ dismantled
as per income tax can we write off the above furniture -which amounts to a long term loss
as there are other fixtures also in the block asset as declared as fixed asset in case of a
public company
pls guide how can we take into account the above loss as per income tax rules and
can we c/f the loss or write off as depreciation
thanks
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
19 April 2024 Continue to depreciate the block as per income tax.
No need for write off under income tax.
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