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Depreciation
If in the year of purchase of plant and machinery the assessee claims only 50% depreciation due to use for less than 180 days. can he claim remaining 50% in the immediately succeeding previous year???
Replies (4)
No....
Depreciation claiming as used days of transactions year not on previous years...
Depreciation claiming as used days of transactions year not on previous years...
yes he can
Depreciation for the next year will be calculated on remaining balance of WDV of block of assets by rate applicable.
Mr. Rahul Kumar Agrawal and Mr. Calls....
Please explain for the availability of above said details...
Please explain for the availability of above said details...
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