Sec 40 a (3)
Anju. C.M (41 Points)
11 February 2020
Is depreciation disallowed if an asset purchased more than 10000..?
3 Replies
Roshni
(Studwnt)
(1141 Points)
Replied 11 February 2020
Yes if cash payment make for any purchase of asset then that amount will not be considered for depreciation.
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 11 February 2020
Yes.... I agreed to Ms Roshni.
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