Soumitra Sarkar (Selfemployed) (578 Points)
09 April 2013
CA Ankur Mittal
(Assistant Manager @ Reliance Communication)
(759 Points)
Replied 09 April 2013
An asset which is complete in all aspect...that its almost ready to use ( yani bankar complete ho chuki hai bus use karna baki hai abhi but ready ho chuki hai use karne k liye) but not have been put to use...
Nitish Agrawal
(CA)
(810 Points)
Replied 09 April 2013
Further if an asset is ready to use and not actualy been used by assesse then too he has to claim depreciation on it as per decided case law....
CAclubindia
