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depreciation

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(Querist)
31 March 2009 can one claim depreciation of car which is yet to passed in RTO ?????
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
31 March 2009 as per i.tax act depre can be charged on the asset which is purchased and put to use in the financial year...
if it has not been passed by rto how will you prove that it was put to use?
so i dont think depre will be allowed

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