21 August 2011
if block contains 3 assets value 6500000 if 1 asset is gifted to his son what is the block value and depreation of block for that period
suppose 1asset is given by his son as gift then what is the block value and depreation
21 August 2011
Information in the question framed are insufficient...to solve it out....but yes the answer lies in The explanations to the section 43(1).