CBSE BOARD X, asked by dayanaelizabeth444, 8 months ago

meaning of unabsorbed depreciation?

Answers

Answered by Roma1234
1

Answer:

Unabsorbed Depreciation- Meaning

It is that portion of the depreciation which has not been taken into consideration in the books of accounts, which is made for tax purposes. ... In such scenario, the portion of depreciation which is unabsorbed can be carried forward to be absorbed against the future taxable profits.

Answered by Udaynagasai
0

Answer:

Unabsorbed Depreciation- Meaning

It is that portion of the depreciation which has not been taken into consideration in the books of accounts, which is made for tax purposes. ... In such scenario, the portion of depreciation which is unabsorbed can be carried forward to be absorbed against the future taxable profits.

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