Adhu Ltd. owns machinery (rate of depreciation is 15%), the written down value of which as on 1st April 2017 is Rs.30 Lakh. Due to fire, entire assets in the block were destroyed and the insurer paid Rs.25 lakh. The eligible depreciation in respect of block :
a) Rs.450000
b) Rs. 75000
c) Rs. 400000
d) Nil

1 Answer

Answer :

d) Nil

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