Ramson Industries acquired a factory building for self-use in November 2020. The value of the land underneath the building was ₹ 5 lakh and the value of the building was ₹ 10 lakh. The amount of eligible depreciation allowable for assessment year 202122 is

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Question:Ramson Industries acquired a factory building for self-use in November 2020. The value of the land underneath the building was ₹ 5 lakh and the value of the building was ₹ 10 lakh. The amount of eligible depreciation allowable for assessment year 202122 is

1.₹ 1,50,000

2.₹ 25,000

3.₹ 1,00,000

4.₹ 50,000

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  1. Ramson Industries acquired a factory building for self-use in November 2020. The value of the land underneath the building was ₹ 5 lakh and the value of the building was ₹ 10 lakh. The amount of eligible depreciation allowable for assessment year 202122 is
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