Depreciation

CA Rajani Bhagat (Chartered Accountant) (359 Points)

02 February 2015  

I have a query regarding Depreciation on fixed assets. There is HUF whose business loss without providing for depreciation is Rs.841978.00. So shall i provide for current year depreciation on fixed assets @ 15% on car? or Shall i Show A loss of Rs.841978. There is also income from other sources of Rs.9592.00. Deprecition to be provided is Rs.843051. Plz reply