MCQOPTIONS
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| 1. |
28. If the Plant & Machinery is used for less than 180 days in the year of its acquisition, then, at what rate the depreciation on that asset should be provided under section 32? |
| A. | a. 7.5% |
| B. | b. 15% |
| C. | c. 20 |
| D. | d. 10% |
| Answer» B. b. 15% | |