Depreciation on Ideal Assets

134 views 2 replies
User Avatar

PRACTICE IN INDUSTRY
21 Points Joined July 2016
if company don't want to claim Depreciation on plant and machinery due to temporary close down , So as per income tax can avoid depreciation.
0 Reply Share Follow
On 23 September 2023 at 16:37 Report
Replies (2)
User Avatar

CA ipcc
449 Points Joined October 2017
Even if asset is not used, depreciation should be done.
Reply
On 23 September 2023 at 18:32
User Avatar

28018 Points Joined May 2017
As per companies act you can avoid.
Reply
On 24 September 2023 at 08:25


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading