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For depreciation

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 September 2014 I HAVE PURCHASE TRUK OF RUPEES ON DATE 20/01/2014 OF RUPPES 2583199/- SO WHAT WILL BE DEPRECTION

2 I HAVE SALE TO ONE PARTY LAST YEAR BUT SOME DISPUTE WE THOUGHT THAT WE WILL NOT GET AMOUNT BUT THAT PERSON GIVEN THAT AMOUNT IN THIS YEAR . SO CAN I CONSIDER AT CAPITAL INTRODUCE
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
18 September 2014 1. depreciate it 30% if it is being used for business purpose

2. no. it is a receipt from debtor and not a capital contribution

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