What will be the treatment for tax depreciation in case a machine is purchased in April-20 of INR 1,00,000 and scrapped in July-20 with INR 1,000?
Whether tax depreciation is allowed on this asset?
If yes, then how much?
Plz reply.
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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Shaswat initial support private limited
Ahmedabad
CS
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CAclubindia
