Section 32

1. Depreciation under companies act will be charged as soon as the asset is ready to use. 
2. Whereas in the case of Income-tax act, sec 32 specifically mentioned that the asset should have actually been "Put to use" in order to claim depreciation. 
3. Ready to use is totally different from put to use. Ready to use will happen when the asset is ready but the company has not used it for production or any other purpose. Whereas in case of put to use only when the asset is actually used for production or for other intended purposes for which it was brought it will be considered. 
4. So, in conclusion, put to use is different from ready to use. 
Please correct me if the above solution has an alternative view. 

Originally posted by : Jayant Kaushik
	What is the meaning of put to use? Is put to use include ready to use? Please help.

Let say you buy five soaps as your monthly stock. On day 1, you put one soap for use. On that day, one has been put to use while others are ready for use but has not been put to use until the earlier one runs out.

First post - Put to use means ready for use 

second post - They are different

Still absolutely correct ???? amazing !!!!