Cost of computer used for personal purpose

Karuna Sethi (CA)     05 August 2013

Karuna Sethi
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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?


Mihir (Wealth Manager)     05 August 2013

Wealth Manager 
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It should be after deducting depreciation.

But wait for others to reply.

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