Depreciation is not allowed on:

Related MCQs

• While computing the profit of a firm, interest allowed on partners’ capital is allowed:
• For the purpose of income tax, depreciation is charged on:
• Unabsorbed depreciation can be carried forward for set-off up to:
• The rate of depreciation applicable to intangible asset is:
• The rate of depreciation applicable to furniture is:
• The allowable depreciation on motor car is:
• What is the additional rate depreciation on new plant?
• The allowable rate of depreciation on computer is:
• Capital gain on depreciation assets is always:
• Which among the following is a deduction allowed under section 16 :