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Fixed assest

This query is : Resolved 
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(Querist)
10 September 2011 Dear ALL,

Can anyone clarify weather the depreciation is allowed on Assest purchased by cash??


Thanks in Advance.
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
10 September 2011 Yes it is allowed.
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Abhishek Ranjan Singh

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Abhishek Ranjan Singh (Expert)
10 September 2011 Yes, It is allowed



Abhishek Ranjan Singh
ARS Solutions
email2ars@gmail.com
+91 9022838615
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
10 September 2011 the depreciation is allowed on Assest purchased by cash or credit or both.
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