Depreciation

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
11 February 2014 In which condition depreciation can be claimed during year if assets have been sold in same financial year

11 February 2014 you can not claim depreciation on assets sold as per income tax act as Income tax runs on a block concept..



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries