section 32
Yogesh Panda (1 Points)
27 April 2019
if asset is acquired on 1.1.2017 and same put to use on 15.01.2018. which rate shall be applicable ? half year or full year.. ?
3 Replies
SHIVANI KUDTARKAR
(512 Points)
Replied 28 April 2019
full depreciatiin
half rate when asset acquired AND put to use for less than 180 days
in this case asset acquired in P Y 2016-17 and put to use in P Y 2017-18
half rate when asset acquired AND put to use for less than 180 days
in this case asset acquired in P Y 2016-17 and put to use in P Y 2017-18
Vedant Khanna
(374 Points)
Replied 28 April 2019
Agree with Miss Shivani
Full year Depreciation shall be allowed.
Full year Depreciation shall be allowed.
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