depreciation
narendra (student) (54 Points)
04 April 2018
depreciation is allow able in presumptive professional income
2 Replies
CA Darshit Shah
(76 Points)
Replied 04 April 2018
No, it is already deemed to be deducted when you declare income on presumption basis.
Dhruv Pancholi
(Ca)
(137 Points)
Replied 04 April 2018
No .
Deprecation is not allowed while computing Income under section 44AD, 44ADA, 44AE.
Deprecation is not allowed while computing Income under section 44AD, 44ADA, 44AE.
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