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Former Member
Dec 07, 2011 at 09:23 AM

Depreciation on Asset for current period..?

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Hi Experts,

i have a question regarding depreciation on asset. My fiscal year is apr-mar. Suppose i purchased asset(Ex:machinery) this month(december). So from When can i run depreciation on that particular asset.?

Thanks in Advance,

Regards,

Rajesh.