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Depreciation on sale of assets

This query is : Resolved 
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(Querist)
06 December 2013 If an asset is sold in the second period (say in the month of january), whether the sale proceeds can be deducted in the value of second period additions or in the value of opening WDV with first period additions?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
08 December 2013 The act is silent on this issue. Therefore, the calculation advantageous to the assessee can be followed.
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