Depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 July 2010
Depreciation can be claimed on interest paid for the period before put an assets in use which is purchased under installment system(Wonership transferred on the date of delivery)?
13 July 2010
If the interest is capitalised as per AS - 16 then the same should be considered for depreciation.
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