Set off
This query is : Resolved
vilas yeole
(Querist)
21 February 2013
which asset is eligible for set off i want to know if computer , kitchen equipment, plant and machinery vechicle refregerator is eligible for set off plz tell me which asets are eligible and which are not or it depends on type of purchase if it is inter state purchase or if the purchase is within state.i am talking about maharashtra state.
CA CS Pawan Jajoo
(Expert)
23 February 2013
Plant and Machinery, Vehicles other than passenger vehicle are liable for full setoff.
Office equipment and furniture are liable for retention u/r 53(7A)
Office equipment and furniture are liable for retention u/r 53(7A)
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vilas yeole
(Querist)
25 February 2013
wat is the definition of passenger vehicle
Dhirajlal Rambhia
(Expert)
17 August 2023
As defined under RTO act.
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