A plant & machinery depreciable @ 15%, was sold/dispossed off after 2 year.
Is there any adjustment in Income Tax depreciation,can we claim full depreciation on same on that year.
Will it affect any entry in books of Account.
A plant & machinery depreciable @ 15%, was sold/dispossed off after 2 year.
Is there any adjustment in Income Tax depreciation,can we claim full depreciation on same on that year.
Will it affect any entry in books of Account.