https://www.taxtmi.com/forum/issue?id=116053 The Income Tax Act permits a time limit for claiming depreciation; where the statutory six month period for claiming depreciation has elapsed, the taxpayer may apply the full admissible rate of depreciation rather than calculating proportionate depreciation to the date of sale, so the surplus over WDV for GST is determined using the WDV as per income tax records with the full rate claimed. en-us Mon, 24 Feb 2020 16:17:03 +0530 Thu, 23 Jan 2025 15:54:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116053 The Income Tax Act permits a time limit for claiming depreciation; where the statutory six month period for claiming depreciation has elapsed, the taxpayer may apply the full admissible rate of depreciation rather than calculating proportionate depreciation to the date of sale, so the surplus over WDV for GST is determined using the WDV as per income tax records with the full rate claimed. Discussion-Forum GST Mon, 24 Feb 2020 16:17:03 +0530 https://www.taxtmi.com/forum/issue?id=116053