Q. 47. DS acquired a building for Rs. ` 15 lakh in June, 2016 in addition to cost of land beneath the building of ` 3 lakh. It was used for personal purposes until he commenced business in June, 2018 and since thenit was used for business purposes. The amountof depreciation eligible in his case for the assessment year 2019-20 would be - (Solved)
1. rs.` 1,50,000
2. b. rs.` 75,000
3. rs.` 37,500
4. rs.` 1,21,500
- c. c. rs.` 37,500