Depreciation of asset

This query is : Resolved 

04 April 2014 Dear All,
We have purchased an asset in the FY 12-13. We have used for 4 months and sold out the asset in FY 13 -14. What is the implication for partnership firm and LLP?

04 April 2014 you can apply the rates mentioned for co act to llp and firm also.


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