24 September 2010
Respected Experts If a Block of Asset consists of one asset only & if that is sold on the 2nd half of a financial year then can the assessee claim Depreciation on that particular asset for half of the year when the asset is used for business upto the period of sale of such asset & if the sale earns some extra revenue above WDV then can it be treated as business income thanks Debashis Mandal