Income tax pgbp

vimal chovatiya (25 Points)

19 April 2019  
Vaibhav, deriving business income, owns a car whose WDV as on 1st April 2018 was INR 3,00,000. This is the only asset in the block of assets with rate of 15%. It is estimated that one-third of the total usage of the car is for personal use in both years. The WDV of the block of assets as on 31st march 2019 would be-