26 August 2010
1)depreciation can not be claimed full if asset put to use below 180 days. 2)if dep. is claimed partially i.e. 10%in a year, remaining 10% can not be claimed in next year. Additional dep is available only in the year of purchase. 3)If asset is acquired in same year and installed in next year, no benefit can be availed in the year of purchase. Available in the year in which it is put to use.
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