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Direct Taxation

In this question icant understand depreciation bcoz they are taking full value but the machine is acquired only in june10

sriram kannan

CFA L1

★ 0

30-Jan-22 00:34

648

Answers (6)

You need to apply 180 day criteria

CA Suraj Lakhotia

Admin

30-Jan-22 07:11

CA Suraj Lakhotia Admin

You need to apply 180 day criteria

Sir can u elaborate it bcoz i can't understand this 180 day criterion

Thread Starter

sriram kannan

CFA L1

★ 0

30-Jan-22 09:05

Have you completed depreciation lectures?

CA Suraj Lakhotia

Admin

30-Jan-22 09:35

You have to apply 2 years depreciation as per WDV method

Hrushik Joshi

CA Final

★ 5

30-Jan-22 13:01

Since the building is used for more than 180 days u have to take full rate depreciation for the entire year.

Hrushik Joshi

CA Final

★ 5

30-Jan-22 13:14

Complete video no.s 10-15 under PGBP

Sudha Reddy

CA Final

★ 20K+

30-Jan-22 18:44

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