AB Ltd is in trading business. It bought out a new machinery for the purpose of its business on 15.09.2022. The additional amount of depreciation available to AB Ltd. will be :
CS Executive · Tax Laws · PYQS · December 2023
AB Ltd is in trading business. It bought out a new machinery for the purpose of its business on 15.09.2022. The additional amount of depreciation available to AB Ltd. will be :
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Income Tax Act, 1961
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