can a business enjoy additional depreciation ( all condition fullfil) under income tax act,when a block of assets [related to that assets] not exist, { either W.D.V. of the block is less then sale consideration,or in the block not any asset exist.}
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can a business enjoy additional depreciation ( all condition fullfil) under income tax act,when a block of assets [related to that assets] not exist, { either W.D.V. of the block is less then sale consideration,or in the block not any asset exist.}
ReplyDeleteYes or No,Plz. answer in detail.
no. its only for new assets.
ReplyDelete