Depreciation Claim

Amit Jain (Proprietor) (290 Points)

13 May 2010  

Hi, I had a P & M which I brought few years back and I used and put to depreciation.

For Last  few year, I shut down my business but still have P & M. The company is not found up but carrying on different business which does not require this m/c

Can I claim depreciation on this machine??