Period of C/f of Unabsorbed Depriciation

Unabsorbed dep. can be carried forward for indefinite period..

I go by the answer of Manish. There is no specific time limit for the carry forward of unabs. dep.

No specific time limit for unabsorbed depreciation so it can be carried forward for indefinite periods.

The limit of eight consecutive Assessment years immediately following the year in which loss is incurred,

does not apply to unabsorbed depreciation.

Because sec 76 covers only restriction on the limit to carry forward business loss.

Unabsorbed depreciation is infinitely carried forward on plain reading of sec 32.

I think there was some case of Virmani industries ltd which has given us this principle...

infinite period

not limit for time period to set off.

As per Section 32(2) Unabsorbed Depreciation can be carry forward indefinite period.

no limit

Originally posted by : Bhupinder
	As per Section 32(2) Unabsorbed Depreciation can be carry forward indefinite period.

agree ......der is no time limit for c/f of dep.........

yup as said above n 1 more thng

adjust business loss if its ther along with unabsorbed depriciation becoz

loss can be carry forwarded to only 8 yrs 

As per section 32(2)(b) says that unabsorbed depriciation can be carried forward only for 8 years,it can be set off for infinite period only if the company is declared as sick company by  BICR.

depreciation can be carry forward for indefinite period.

In the view of judgement of Haryana Hotel Ltd.( punjab & haryana HIgh Court) held that depeciation can be carry forward for any assessment year.

SIMPLE YAR......................no LIMIT FOR c/F

yup..it can be carried forward fr a lifetime......no limit nd can be set off against any head....