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Cost of computer used for personal purpose

Karuna Sethi (CA) (838 Points)

05 August 2013  

Computer is purchased on 1may 2010. and is to be transferred as fixed asset for business use on 1.4.2012....

What will be its cost?

Will it be before depreciation or after deducting depreciation?

 1 Replies

Mihir (Wealth Manager) (5288 Points)
Replied 05 August 2013

It should be after deducting depreciation.

But wait for others to reply.

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