Q. Ramesh Tea Ltd., acquired a motor car for Rs. 6,20,000 on 30.08.2018. The company is engaged in manufacture of tea in India. The amount of depreciation allowable on such motor car would be __________. (Solved)

1. Rs. 93,000

2. Rs. 37,200

3. Rs. 46,500

4. Nil

  • a. Rs. 93,000
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