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Depreciation on remaining block of asset

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(Querist)
24 December 2010 Where the part of block of asset is sold for more than its total opening WDV value of the whole block of asset then am we can charge depreciation on remaining block of asset?
Is u r answer Is same in the case of persons having 2 different proprietary concerns

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CA Kalpesh Gokani

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CA Kalpesh Gokani (Expert)
24 December 2010 No depreciation can not be charged if sale consideration is more than WDV of block of asset..for 2 differest business this applies to each business individually...not collectively
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kumar kanakum

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kumar kanakum (Querist)
27 December 2010 in proprietor balance sheet it is showing collectively even in ITR also so how we can claim the depreciation
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