Hi Sir/Madam
We lost several invoices from a vendor.
Also we are not able to contact the vendor. but we paid through bank
it is a capital expenditure for a building and the building is under progress as of now it is under Capital working progress in Balancesheet
We would like to Capitalize in May 2023
is there any alternative to get tax benefit by way of depreciation for the said invoices
Please advise
Thanks in advance
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Lost Invoice-not able to contact the Vendor
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Summary: You can still claim depreciation by substantiating the capital expenditure through bank statements, internal vouchers, and project records, provided you can prove the asset was owned and put to use for business. Retain all banking and project-related documentation to satisfy tax authorities during any potential audit.
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