As the past years balance sheets have already been audit and submitted to various statutory authorities, depreciation under Companies Act was not taken by the Company and hence depreciation being "0", now Company cannot take the benefit of lower of Book Loss or Depreciation.
KK & Company Chartered Accountant
Pune
CA Inter
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MANUJ SHARMA AND COMPANY
Noida
CA Inter
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S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
CA Inter
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HKC | Chartered Accountants & Business Advisors
Ludhiana
CA
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CCI
Pro
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