Depreciation

This query is : Resolved 

16 December 2014 Dear Sir/Madam


how to calculate depreciation if assets sold middle of the financial year as income tax and company act


Thanks and Regards
Manoj joshi

16 December 2014 from 1.4 till date of sale u need to calculate it on day basis under co act.


16 December 2014 what is 1.4

if asset capitalized on 01.04.2014 for Rs. 20000/- and assets sold on 16.12.2014
what is depreciation amount.clear the calculation method



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