Depreciation

As per IT act Can depreciation is to be claim when full block of assets is sold>>>>>>>>
 

Replies (2)

When all assets sold from block and get positive figure than no depreciation claim , it is a short term capital loss under section 50 (2).


 

Originally posted by : kamal kishor sen

When all assets sold from block and get positive figure than no depreciation claim , it is a short term capital loss under section 50 (2).


 

agreed                                              

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