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DEPRECIATION

Direct Taxation

Please solve q no. 8

Satya Shashank

CA Inter

★ 13K+

17-Jun-20 09:32

293

Answers (4)

You please share what you have arrived at in form of a screen shot and we shall let you know of errors if any

Sriram Somayajula

Admin

17-Jun-20 13:11

I calculated it as 1500000*90percent =135000 1350000*90/100=1215000 1215000*90/100=1093500 Depreciation is 1093500*10/100 109350 but there no option for it and it was an examination question

Thread Starter

Satya Shashank

CA Inter

★ 13K+

17-Jun-20 14:02

Thread Starter

Satya Shashank

I calculated it as 1500000*90percent =135000 1350000*90/100=1215000 1215000*90/100=1093500 Depreciation is 1093500*10/100 109350 but there no option for it and it was an examination question

The question is either wrong or is not updated. Your computation is correct. 1500000 2016 150000 2017 135000 90% of 2016 2018 121500 90% of 2017 2019 109350 90% of 2018

CA Suraj Lakhotia

Admin

17-Jun-20 16:09

CA Suraj Lakhotia Admin

The question is either wrong or is not updated. Your computation is correct. 1500000 2016 150000 2017 135000 90% of 2016 2018 121500 90% of 2017 2019 109350 90% of 2018

Thanks sir

Thread Starter

Satya Shashank

CA Inter

★ 13K+

17-Jun-20 17:24