If the asset acquired outside India by a non-resident is brought by him to India & used for business, then in that case what shall be the cost of addition?
a) Value of the asset at the time of bringing the asset to India less depreciation
b) Actual cost of asset less actual depreciation
c) Actual cost of asset less notional depreciation
d) Any of the above
a) Value of the asset at the time of bringing the asset to India less depreciation
b) Actual cost of asset less actual depreciation
c) Actual cost of asset less notional depreciation
d) Any of the above