If I miss to record the asset
then same asset we can record in next year
Menu
LATE RECORD OF ASSET
Replies (3)
Yes. But depreciation benefit will be available only when asset is purchased and recorded in books. For remaining life of asset.
Eg if you record assest in 2nd year for 5 year life of asset, you will get benefit of claiming depreciation for 4 years only and not for 5 years
Yes. But depreciation benefit will be available only when asset is purchased and recorded in books. For remaining life of asset.
Eg if you record assest in 2nd year for 5 year life of asset, you will get benefit of claiming depreciation for 4 years only and not for 5 years
Agree with swati madam
Recent Threads
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
- Who is responsible for paying GST Liability (If th
- Excess Payment on RCM
- AOC4 auto population of previous year data
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
Related Threads
CAclubindia
