CA Inter doubt
Can explain about depreciation What happened with depreciation of pand l and as pepr income tax act rule
Asked by s24 Aug 2025713 views
2 answers
Vikas · 25 Aug 2025
Depreciation Less Hoga 1137500
Akash · 24 Aug 2025
Interest from 1.9.2024 to 1.1.2025 needs to be capitalised with plant and machinery that is to value of interest needed to added to plant and machinery and for that amount depreciation and addition depreciation should be computed and should be subtracted from profit And interest about for the four month needs to be disallowed and added back to profit
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