Unabsorbed Depreciation

1. Can Unabsorbed Depreciation be adjusted from Salary Income...??

 

2. Non-Agricultural Income  = Total Income - LTCG - STCG u/s 111A - Casual Income 

    [Here Total Income is after allowing all applicable deductions & after adjusting all c/f losses (as per provisions of Act) and claim of unabsorbed Depreciation]

Is the above written statement true...??

Replies (1)

1 ) 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.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details