depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 March 2010
can i claim depreciation on the amount i have paid to the dealer as a booking amount to purchase a car.
26 March 2010
No. Unless the asset is put to use u can not claim depreciation.
If the asset is ready to use , but not used more than one financial year then depreciation can be claimed.
If the asset is ready to use , but not used more than one financial year then depreciation can be claimed.
26 March 2010
Agree with expert
26 March 2010
agree with expert
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
CAclubindia
