what will be actual cost for chargin depreciation under pgbp in case of exchane of assets
fmv of asset given or rcvd?
shruti goyal (cs) (122 Points)
15 June 2012what will be actual cost for chargin depreciation under pgbp in case of exchane of assets
fmv of asset given or rcvd?
Devendra
(Chartered Accountant)
(4775 Points)
Replied 15 June 2012
The Actual Cost shall be the market value of the asset being exchanged.
Regards,
Devendra Kulkarni