Ca final- mafa - lease chapter
This query is : Resolved
Dinesh kumar
(Querist)
20 October 2011
Queries-Is depreciation is allowed for year of the sale of Fixed assets in lease chapter?
Thanks & Regards,
Dinesh Kumar
Thanks & Regards,
Dinesh Kumar
20 October 2011
I think Depreciation is not allowed in the year in which asset is sold.
CA Ravi Sisodia
(Expert)
20 October 2011
In Accounts , Depreciation is allowed in the year in which asset is sold.
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