alleryStart learning →A machine cost Rs. 100 and Rs. 30 tax depreciation has been deducted so far. What is its tax base?
ARs. 130
BRs. 70
CRs. 100
DRs. 30
Answer & Solution
Correct answer: B. Rs. 70
Cost less depreciation already deducted for tax leaves 100 - 30 = Rs. 70 still deductible in future.
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