X purchased a new plant and machinery for ` 50,000 on 01.01.2012. The machinery was received in the factory on 10.01.2012 and was installed and put to use on 18.01.2012. Depreciation on the plant and machinery will commence from
A) 01.04.2011 .
B) 01.04.2012 .
C) 01.01.2012 .
D) 18.01.2012
Correct Answer:
Verified
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