Tax audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 August 2013
SHOULD DEPRECIATION BE CHARGED ON INTANGIBLE ASSETS ACQUIRED ON 31.MARCH i.e, on last day of the year
FOR EXAMPLE: INTANGIBLE ASSET ACQUIRED ON 31.3.13 THEN CAN WE CHARGE DEPRECIATION FOR FY 2012-13
FOR EXAMPLE: INTANGIBLE ASSET ACQUIRED ON 31.3.13 THEN CAN WE CHARGE DEPRECIATION FOR FY 2012-13
26 August 2013
Yes u can charge @ half rate. Means u will get allowed half dep.
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