If assets are not used but put to use in another earlier year then is depreciation allowed or not?

Question added by AJAY CHOURASIYA
Date Posted: 2017/03/16

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by Hosni Shaheen , Manager Business Development , Global Pharma Consulting Group

Depreciation starts from the date of shipping from the manufacturer's place, it is not only related to the working hours, as we are discussing brand new product and up to date (NOT AN OLD STOCK MACHINERY)

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If assets are not used but put to use in another earlier year then is depreciation allowed or not?

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