he WDV of a block of asset depreciated @ 1596 as of 1st April 2020 was ₹ 3,00,000. Out of this block, one machine was sold for ₹ 2,00,000 on 1st July 2020 and a new machine of ₹ 6,00,000 added on 1 st August 2020 was put to use only from 1 st Sept. 2020. The amount of depreciation to be claimed (in the manner most beneficial to the assessee ignoring additional depreciation) in the AY 2021-22 shall be:

Question:he WDV of a block of asset depreciated @ 1596 as of 1st April 2020 was ₹ 3,00,000. Out of this block, one machine was sold for ₹ 2,00,000 on 1st July 2020 and a new machine of ₹ 6,00,000 added on 1 st August 2020 was put to use only from 1 st Sept. 2020. The amount of depreciation to be claimed (in the manner most beneficial to the assessee ignoring additional depreciation) in the AY 2021-22 shall be:

1.₹ 1,20,000

2. ₹ 96,000

3.₹ 1,05,000

4.₹ 60,000


Search
R4R Team
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!