If 44ae is adpoted where to show dep in books of account

As such books of accounts are not required for presumptive income u/s. 44AE.

Secondly, the income so declared (8% or more) is after taking into the effect after depriciation.

So, the WDV of any depreciable assets will be calculated as per the applicable depreciation rate 

SIR JI I AM CONFUSED

is depr. allow if we choose option of 44AD with declere 8% profit ?

@ monika  ::

Depreciation is compulsorily allowed. What I mean is the profits declared u/s. 44AD, is presumed to be derived after effects of depreciation. No more depreciation allowed after the declared income u/s. 44AD.

Declaring taxable income   @ 8% or more profit u/s 44AD is "Notional" figure, one can say. Its only for tax calculation & not for books of accounts. So the depreciation always be calculated @ rates prescribed u/s 32 & the book value (WDV) be maintained accodringly. Because, in next F.Y. if income as per books exceeds 8% say, then depreciation be allowed at the WDV as on 1st april of that year and not the receeding year when you opted for 44AD. So providing Depreciation at rates prescribed in Sec 32 is advisable to maintain opening & closing WDV.