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Depreciation

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(Querist)
10 December 2008 Is there any deduction in respect of additional dep. if there is no closing WDV balance of assets in respected year or Purchasing year?
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Ravikumar.G

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Ravikumar.G (Expert)
11 December 2008 yes u can claim if asset is put to use
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Jairam

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Jairam (Expert)
11 December 2008 Yes.If the assets r purchased on or after 1.4.2005




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