As per IT act Can depreciation is to be claim when full block of assets is sold>>>>>>>>
As per IT act Can depreciation is to be claim when full block of assets is sold>>>>>>>>
When all assets sold from block and get positive figure than no depreciation claim , it is a short term capital loss under section 50 (2).
| Originally posted by : kamal kishor sen | ||
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When all assets sold from block and get positive figure than no depreciation claim , it is a short term capital loss under section 50 (2). |
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agreed
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