If a depreciable asset is acquired and used for less than 180 days in – McqOptions

MCQOPTIONS

1.	If a depreciable asset is acquired and used for less than 180 days in a financial year, depreciation allowed on it is..............
A.	normal rate.
B.	50% of normal rate.
C.	nil.
D.	none of these.
Answer» C. nil.

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