Ranga & Co. had as of 1.4.2020 plant and machinery whose written down value was ₹ 12,00,000. It acquired 2 plants on 3.11.2020 for ₹ 6 lakhs. The applicable depreciation rate is 15%. The eligible depreciation including additional depreciation for the AY 2020-2021 would be:
Question:Ranga & Co. had as of 1.4.2020 plant and machinery whose written down value was ₹ 12,00,000. It acquired 2 plants on 3.11.2020 for ₹ 6 lakhs. The applicable depreciation rate is 15%. The eligible depreciation including additional depreciation for the AY 2020-2021 would be:
R4Rin Top Tutorials are Core Java,Hibernate ,Spring,Sturts.The content on R4R.in website is done by expert team not only with the help of books but along with the strong professional knowledge in all context like coding,designing, marketing,etc!