Depreciation u/s 32

Hardeep Singh (CHARTERED ACCOUNTANT) (205 Points)

04 September 2014  

Dear Friends,

Can you Please Work out the depreciation Amount with the following data : 1. WDV of Car as on 1-4-2013: 115244 2. Consideration received on sale of such car in December 2013 : Rs. 120500 3. Car Purchased in January 2014 : Rs. 1337373 Rate of Depreciation 15%