Home depreciation


348 viewsIncome Tax

Depreciation amount claimed in the P&L account is disallowed by the AO due to assets are not used to the business purpose. company has some units. In one of the unit assets are ready to dispose not used in the business purpose but company claimed that depreciation in their books of accounts

Here my question is whether we claim that depreciation amount in P&L? If yes, please mention reasons and some judicial pronouncements

Changed status to publish
Sorry, you do not have permission to read comments.

Question stats

  • Active
  • Views348 times
  • Answers0 answers


Search questions