if asset sold on 1-9-22 then dep calculate for 5 month or not.or take wdv as on 31-3-22??
same what do as per income tax like as per income dep calculate full rate or not calculate and taken as per 31-3-22??
Under Income Tax act, no depreciation is to be calculated on FA sold for FY 2022-23.
WDV as on 31.03.2022 have to be taken.
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