For depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 September 2014
I HAVE PURCHASE TRUK OF RUPEES ON DATE 20/01/2014 OF RUPPES 2583199/- SO WHAT WILL BE DEPRECTION
2 I HAVE SALE TO ONE PARTY LAST YEAR BUT SOME DISPUTE WE THOUGHT THAT WE WILL NOT GET AMOUNT BUT THAT PERSON GIVEN THAT AMOUNT IN THIS YEAR . SO CAN I CONSIDER AT CAPITAL INTRODUCE
2 I HAVE SALE TO ONE PARTY LAST YEAR BUT SOME DISPUTE WE THOUGHT THAT WE WILL NOT GET AMOUNT BUT THAT PERSON GIVEN THAT AMOUNT IN THIS YEAR . SO CAN I CONSIDER AT CAPITAL INTRODUCE
Nikhil Kaushik
(Expert)
18 September 2014
1. depreciate it 30% if it is being used for business purpose
2. no. it is a receipt from debtor and not a capital contribution
2. no. it is a receipt from debtor and not a capital contribution
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