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Depreciation

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(Querist)
24 September 2013 any assets purchases in our company 31st March 2013. what is charge on depreciation on this assesta
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
24 September 2013 Suppose a Person purchased a Car on 31st March and put to use on same date even then he can claim 50% of the depreciation of the full year i,e 7.5%(50% of 15%)
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Ashwani Narnoli

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Ashwani Narnoli (Expert)
24 September 2013 agree with experts opinion
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