Mr. Vaibhav, deriving business income, owns a car whose WDV as on 1st april 2016 was Rs.3Lakh. This is the only asset in the block of assets with
rate of 15%. It is estimated that 1/3rd of the total usage of the car is for personal use in both years. The WDV of the block of assets as on 31st March, 2018 would be
a) Rs.216750
b) Rs.243000
c) Rs.255000
d) Nil
rate of 15%. It is estimated that 1/3rd of the total usage of the car is for personal use in both years. The WDV of the block of assets as on 31st March, 2018 would be
a) Rs.216750
b) Rs.243000
c) Rs.255000
d) Nil