If a depreciable asset is acquired and used for less than 180 days in a financial year, depreciation allowed on it is..............

Related MCQs

• Additional depreciation is allowed at half the rate, if the asset is used in the initial year for.................................
• To be a long term capital asset, a non financial asset should be held more than................
• What is the time limit for holding of a Financial Asset, to be called Short Term Capital Asset?
• Technical know-how acquired after 1.4.98 is eligible for depreciation at...............
• Under Income Tax Act depreciation is allowed on ..................
• The rate of depreciation on intangible asset is ......................
• Cost inflation rules for the purpose of long term capital gain has been notified by central government every year starting from the financial year..................
• What is the date on which Fair Market Value of capital assets acquired is determined?
• Shares held for less than 12 months are......................
• House property held for less than 36 months is........................