Unabsorbed depreciation can be carried forward for set off.
A. for a period of four years only.
B. for a period of eight years only.
C. for an unlimited number of years.
D. for a period of eighteen years only.
Answer:A
Unabsorbed depreciation can be carried forward for set off.
A. for a period of four years only. B. for a period of eight years only. C. for an unlimited number of years. D. for a period of eighteen years only.