When to Claim Depreciation 50% as per income tax
This query is : Resolved
Quick Summary
25 March 2022
When the asset is used for less than 6 months in a financial year 50% depreciation is claimed.
25 March 2022
When the assets are being used for less than 6 months in the FY then you have to claim 50% of the depreciation under Income Tax Act, 1961.
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