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Former Member
Jan 11, 2011 at 05:46 AM

Intercompany Asset transfer for AUC

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Hi

Can we do intercompany transfer for AUC (Asset under construction) assets-- If yes could you provide the steps

And we have straight line half year rule for depreciation ( June and Dec) and now in Jan business wants to transfer original assets to inter company but dont want to have depreciation calculated is there a way to do this.

Thanks

Kum