Depreciation
This query is : Resolved
honnur vali
(Querist)
21 December 2011
Whether under block of assets concept in Income Tax , we can have two blocks for same kind of assets e.g. under 15% block whether we can have two motor cars. Whether we can define a block or whatever assets at one particular rate will form part of block @ that rate automatically.
Plz answer me soon
Plz answer me soon
Aditya Maheshwari
(Expert)
21 December 2011
Whatever assets at one particular rate will form part of block @ that rate automatically.
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