Depreciation schedule in itr 5

Anyone on this??

If possible, divide the depreciation in 2 parts ie. for 180 days each.

That would be incorrect as the proprotorship was in existence only for 3 months.

Second, how to capture transfer of assets in proprietorship so that net block is zero after taking into account depreciation.

Second available option is to declare opening value as on 1.4.2018 even for firm (only in table  DCM), so that the final depreciated value will match as per BS.

Ok..In that case depn schedule in ITR will take full year's depn for partnership firm...Will that be considered correct? Ideally depn should be divided between 2 firms in the ratio of number of days used..

In Schedule P&L the depreciation charged  will be for as actual only, But by this adjustment figures in BS will match. Though as per standards depreciation to firm will be allowed only 50% of that applicable of full rate.

There will be a mismatch between Depn as per P&L and that as per Depn schedule..

Yes, but your claim is lesser than full applicable.

Otherwise as said  earlier just take 50% depreciation, as more than that it will not be granted.

Else can we claim 100% depn in partnership firm, under any provisions of law..

You cannot claim more than 50% of full rate, so rest part could have been claimed in proprietor's account.

Also kindly revert on how to present this transfer in proprietorship firm's return (depn schedule). How to make the net block zero and showing the depn as well. 

If we go by number of days of use, we should be allowed 75% (9 months)...Can you pls mention the provision under which it says 50% only.

OK claim full 100% in firm's account, without any claim in proprietor's account. Let AO to rectify it.

No provision says only 50% will be allowed if asset is used for more than 180 days (as mentioned by you earlier)...