If a block of assets ceases to exist on the last day of the previous year, depreciation admissible for the block of assets will be
CS Executive · Tax Laws and Practice · PYQS · June 2015
If a block of assets ceases to exist on the last day of the previous year, depreciation admissible for the block of assets will be
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Income Tax
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