Ramesh Tea Ltd., acquired a motor car for Rs. 6,20,000 on 30.08.2018. – McqOptions

MCQOPTIONS

1.	Ramesh Tea Ltd., acquired a motor car for Rs. 6,20,000 on 30.08.2018. The company is engaged in manufacture of tea in India. The amount of depreciation allowable on such motor car would be __________.
A.	Rs. 93,000
B.	Rs. 37,200
C.	Rs. 46,500
D.	Nil
Answer» B. Rs. 37,200

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