Hello All.
An assessee has 4 Children. Can he and his wife claim Deduction in respect of tuition fee paid for all children. two each
4 Replies
SOHEL AHAMED KHAN
(PARTNER)
(22 Points)
Replied 28 July 2010
Can we purchase a second hard car for a partnership concern in a firms name, and can we claim depreciation if purchased this month of july 2010 what is the depreciation for the year
CA Amit Kumar Khaitan
(Research Analyst)
(360 Points)
Replied 28 July 2010
full dep @ 15% since asset is to b used for more than 182 days in FY 2010-11
Second hand is not a problem.
SUDHIR & PRADEEP JI
(CA FINAL+LLB + DISA)
(2299 Points)
Replied 28 July 2010
YES ASSESSE CAN DO THAT
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