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Depreciation of assets

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110 Points Posted on 08 September 2021
is dep mandatory as per income tax act if assets not used after put to use?
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On 08 September 2021 at 12:53 Report
Replies (4)
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SEO Sai Gr. Hosp.
211596 Points Posted on 08 September 2021

Yes, it must be accounted.

581 Reply
On 08 September 2021 at 13:10
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2 Points Posted on 08 September 2021
Tax audit limit
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On 08 September 2021 at 13:29
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GST Practitioner & Accounts
15083 Points Posted on 08 September 2021
Yes , Depreciation is applicable .
24 Reply
On 08 September 2021 at 14:32
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Chartered Accountant
24588 Points Posted on 08 September 2021
Depreciation is mandatory
129 Reply
On 08 September 2021 at 15:19


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