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Depreciation claim on asset value

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(Querist)
10 November 2019 A doctor purchase of asset (dental chair equipment) value Rs.125000/-.
Amount Rs.25000/- paid in cash mode per day.
Balance amount Rs.100000/- by RTGS mode paid.
Doubt: person depreciation claim on asset value.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
11 November 2019 Depreciation can be claimed on 1 lac only.
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Gokul Sharma

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Gokul Sharma (Expert)
12 November 2019 MEANS SIR 25000 DISALLOWED AS PAID IN EXCESS OF 10000 CASH IN ONE DAY.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
12 November 2019 Yes............................
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Kollipara Sundaraiah

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Kollipara Sundaraiah (Querist)
12 November 2019 how to pass on accounting entries
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
12 November 2019 Capitalise and depreciate in books 1,25,000. But claim depreciation under income tax for 1 lac only.
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