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depreciation
if asset is purchased in cash for above 10000 what will be the affect on depreciation for f.y 17-18
Replies (3)
Any expenditure made above 10k is disallowed to be claimed as expenditure u/s40(a)(3) and hence no depreciation can be claimed on such expense.
agree with Mrs/ Ms. ruchika.... it's not 40A(3) but section 43....
The appreciation of the Indian man has been posted for the individuals. The candidates have been shred with bid4papers for all flaws for the products and all ideal terms for the humans.
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