Block of asset


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Querist : Anonymous

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Querist : Anonymous (Querist)
21 August 2011 if block contains 3 assets value 6500000 if 1 asset is gifted to his son what is the block value and depreation of block for that period

suppose 1asset is given by his son as gift then what is the block value and depreation

21 August 2011 Information in the question framed are insufficient...to solve it out....but yes the answer lies in The explanations to the section 43(1).


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