The amount of depreciation not absorbed in the same year can be carried forward –
A. For a period of 4 years
B. For a period of 8 years
C. For a period of 6 years
D. Indefinitely
Answer:D
The amount of depreciation not absorbed in the same year can be carried forward –
A. For a period of 4 years B. For a period of 8 years C. For a period of 6 years D. Indefinitely