alleryStart learning →For depreciation on know-how and patents, assets must be acquired from when?
A1 April 2001
B1 April 1988
C1 April 2005
D1 April 1998
Answer & Solution
Correct answer: D. 1 April 1998
Section 32(1)(ii) allows depreciation on intangible assets only if acquired on or after 1 April 1998.
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