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Depriciation
Sir , I have prepared my itr3 using excel utility , P & L A/C shows my net income after deducting depriciation , but in computation of total income schedule and BP Schedule , only total income before depriciation is shown , why?
Replies (4)
yes
depre should enter in depre sheet and check calculation of total income in tax payable it will deducted from there and enter as eligible row other wise you will not get deduction
depre should enter in depre sheet and check calculation of total income in tax payable it will deducted from there and enter as eligible row other wise you will not get deduction
but there is no column for four wheeler and two wheelar
enter in p&m depre
Thanks so much for your valuable guidance Sir.
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