Whether, pro-rata (daywise) calculaiton of depreciation is allowed under Income Tax Act in case of addition of asset during the year ?
C.A. Sandeep Wawhal (CA, PGDFM, BCom) (1831 Points)
23 June 2016Whether, pro-rata (daywise) calculaiton of depreciation is allowed under Income Tax Act in case of addition of asset during the year ?
Gourav Gupta
(Working in CA Firm)
(671 Points)
Replied 23 June 2016
CA Harshal Totla
(Chartered Accountant)
(2229 Points)
Replied 23 June 2016
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