meaning of unabsorbed depreciation?
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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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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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