Is it necessary to do the property loss forensic report on fixed assets scrapping?

Income tax returns, for early scrapping (not fully depreciated) assets for scrapping treatment, all need to make a special declaration of asset loss, not in line with the tax law depreciation can not be special declaration.

The information required for the special declaration is prepared by the enterprise itself, which generally includes the purchase invoice, depreciation information, asset cards, asset scrapping appraisal form, resolution on asset disposal, asset disposal vouchers and account pages, and other materials required by the tax authorities.

The year-end income tax remittance assurance report will disclose information about the asset loss portion of the year, so there is no need for a special assurance report.