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Block not used in a particular year

This query is : Resolved 

11 August 2013 A block of asset (which was earlier put to use)was not used for the entire year. Whether depreciation will be available?

12 August 2013 The condition of put to use is applicable only in the year in which the asset is acquired. It is NOT applicable for the succeeding years.

Accordingly depreciation will be admissible on such asset.



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