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Can I take depreciation on a asset which hasn’t been used yet?

1 reply, 2 voices Last updated by  Akash Rohada 3 months, 1 week ago
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  • #2734

    Nilesh dewani
    Participant
    @nilesh@123

    Can I take depreciation on a asset which hasn’t been used yet?

    #2863

    Akash Rohada
    Participant
    @Akashv__

    Unless the asset is put to use, no depreciation can be claimed over it.

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