29 January 2022
SIR/ MAM We are the transporter and having few vehicles and we had also started the trading business for tyres in the same name under GST. At the year end, after the usage of tyres for our trucks, the tyres for trading were available in stock. Will the Depreciation applicable in both nature of transactions? Just for a clarification so as to account all as proper. Kindly please advice me Thanks in adv
CAclubindia
