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section 32
if asset is acquired on 1.1.2017 and same put to use on 15.01.2018. which rate shall be applicable ? half year or full year.. ?
Replies (3)
Half year
full depreciatiin
half rate when asset acquired AND put to use for less than 180 days
in this case asset acquired in P Y 2016-17 and put to use in P Y 2017-18
half rate when asset acquired AND put to use for less than 180 days
in this case asset acquired in P Y 2016-17 and put to use in P Y 2017-18
Agree with Miss Shivani
Full year Depreciation shall be allowed.
Full year Depreciation shall be allowed.
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