Depreciation on complete sale of machinery
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 December 2015
Dear All,
is deprecaitaion is applicable or not for complete sale of machinery block
is deprecaitaion is applicable or not for complete sale of machinery block
10 December 2015
No need to calculate depreciation in the year of sale as per IT Act,1961.
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