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Sec 32 depreciation
please anybody explain me sec 32 depreciation of it act
i am unable to understand what is the logic behind taking 180 days rather than taking depreciation according to the use of such asset
Replies (1)
180 DAYS ARE USED ONLY TO ENSURE THAT ASSET HAS BEEN PUT TO USE ATLEAST 6 MONTHS IN AN AY SO THAT RATE IS JUSTIFIED..
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