When Can Two Person Claim Depreciation During the Same Year On Assets Transferred By One To Other ?

The assessee is a company having a separate division of investment and finance and also a windmill…the said company transferred the said business as a going concern w.e.f 1-10-2005 to a partnership firm via partnership route…the assessee claimed six month depreciation on the windmill in its return and the balance six month depreciation is claimed…

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