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Depreciation on asset earlier used for business purpose

This query is : Resolved 

Querist : Anonymous


Querist : Anonymous (Querist)
If for 1st 5 years i was using an asset for business purpose and was charging depreciation on it. but now it is not used for business purpose, so will depreciation be charged?


Querist : Anonymous


Querist : Anonymous (Querist)
Waiting for an expert reply?

Have you converted it into personal asset or disposed off?

Querist : Anonymous


Querist : Anonymous (Querist)
Now asset is used for personal purpose


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