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The depreciation allowable in respect of an asset used for the purpose of business for less than 180 days shall be restricted to______ (50%/25%/75%) of the normal rate of depreciation

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Related Test: CMA Intermediate Exam: Direct Taxation


1. The depreciation allowable in respect of an asset used for the purpose of business for less than 180 days shall be restricted to______ (50%/25%/75%) of the normal rate of depreciation





 
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