Depreciation

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Bina Upadhyay (Querist)
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14 May 2013 An asset is purchased on 30.03.13 costing Rs.3671/- separately identifiable.What will be the depreciation amount? Should it be fully written off?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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14 May 2013 you can write off Rs.3670/- and keep Re.1 as balance in case of fully written off assets

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Depreciation

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