

MCQOPTIONS
Saved Bookmarks
1. |
If the asset of a particular block is acquired and put to use during the previous year for less than 180 days, the assessee shall be entitled to depreciation___________ |
A. | At normal rate |
B. | At 50% of normal rate |
C. | No depreciation is allowed |
D. | Depreciation |
Answer» C. No depreciation is allowed | |