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Depreciation

This query is : Resolved 
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(Querist)
08 April 2017 Sir I have purchased a bike amount rs5000 on dated 31/3/17
Can I claim depreciation if yes then how much sir .Kuch ndly update
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
10 April 2017 If you are showing income from business/profession you can claim depreciation @ 7.5% on bike even if it was purchased on the last day of financial year.
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