Depreciation
This query is : Resolved
14 June 2010
A co. has purchased a capital asset on 25.10.2009 which is depreciable @ 15%,& the same is put to use on the same day.Is the period of 180 days will commense from the said date i.e.25.10.2009 or after a day i.e.26.10.2009?comment.
14 June 2010
From whatever day the period is started, it will fall in less than 180 days category in both the cases.
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