Purchase of fixed assets

Perspective of members on same query.Please ref  below links !!

https://www.lawyersclubindia.com/experts/details.asp?mod_id=99531

https://taxlawsjournal.wordpress.com/category/income-tax/disallowance/

/experts/car-purchase-in-cash-693510.asp

Thanks

Yaa.. you can purchase the Fixed Assets in cash and depreciation U/S. 32 will be claimed year to year on that acquired asset.

Thanks Mansha...........

In the latest TaxmaBook Direct taxes law and Practise It says Depreciation is disallowable .under Sec 40A(3)