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Asset Held for sale

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(Querist)
17 June 2010 Suppose if the fixed asset is held for sale as on March 31 can we claim depreciation in full for the year
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Prem Ketan

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Prem Ketan (Expert)
17 June 2010 If is it your part of inventory then you can't claim dep.

But if is your part of fixed assets then you can claim dep even you have not use the asset.

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