Assesssee is private limited company.
Did not do any transactions except 2 or 3 professional payments in PY 2016-17.
Assets are ACs, Computers including software, Furniture.
Whether to charge depreciation in ITR as well as in books for audit purpose? please suggest in both terms i.e. in Income Tax as well as for Accounting Purpose??
basically company is inactive through out the year but did only 2 3 payments.
CAclubindia
