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Set Off of Unabsorbed Depreciation with Salary

tushar jain (Service) (107 Points)

04 July 2007  

Dear All,

It will be quite a help if u can reply to the following query:


Is it possible to set off Unabsorbed depreciation with the salary income.

 6 Replies

Jayant Shaligram (Service) (146 Points)
Replied 05 July 2007


No this can't be done .

I am not mentioning or writing Section 32(2) of the I T Act.

However, please refer Taxmann's Direct Taxes Law & Practice - (For Final CA students) 37 th Edn. AY 2007-08 By Singfhanias, Para 109.9 page 285 which should solve your doubt.


Jayant Shaligram

sundar (executive - accounts) (22 Points)
Replied 05 July 2007

Upsorbed Deprn. shall not be set off against salary

C.Balaji (Learner) (1862 Points)
Replied 04 August 2009

unabsorbed depn. cannot be set off against salary income.......... as it is also a business loss..... it can be set off against any other head of income except salary....

PRAVEEN KUMAR (MBA (Finance) B.Com.(P))   (3413 Points)
Replied 04 August 2009



you can not adjust/sett off  unabsorbed depreciation with salary income



Vaibhav (CA IPCC Student) (34 Points)
Replied 31 March 2010

Unabsorbed Depreciation is an exception to the rule that business losses cannot be set off against salary income.

It can definitely be set off against salary income.This is a very debatable topic as 90% of the people are mistaken about this concept.

ashish kedia (student) (31 Points)
Replied 14 July 2010

please give the relevant section.

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