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WE HAVE PURCHASED 2ND HAND GOODS CARRIER VEHICLE DURING SEPTEMBER 2013 AND WE WANT TO DISPOSE THE SAME BEFORE MARCH 31 2014 AS ITS MAINTENENCE IS HIGH.
PL CLARRIFY.
1.WE HAD PAID RS.2.5LAKHS FOR THE VEHICLE AND WE MAY GET RS. 2 LAKH MAXIMUM. WHAT IS THE TREATMENT FOR BAL 50000.
2.IF THE VEHICLE IS SOLD BEFORE MARCH 31 CAN I CLAIM DEPRCIATION FOR THE PERIOD SEPTEMBER2013 TO MARCH 2014
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