Dear Sir,
As per company law, if value of assets is less than 5,000/-, we can get depreciation 100% in same year.
Like this, is there any rule in Income Tax. If yes please write the section.
Thanks
Niraj Kumar Sinha (Sr. Officer, SPSIL) (648 Points)
21 July 2018Dear Sir,
As per company law, if value of assets is less than 5,000/-, we can get depreciation 100% in same year.
Like this, is there any rule in Income Tax. If yes please write the section.
Thanks
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)