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short life asset-capital allowance

This topic has 1 reply, 2 voices, and was last updated 5 years ago by Tax Tutor.

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June 22, 2020 at 1:27 pm #574467
Noah098
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The short life asset is kept in a single asset pool.
Sir what does the aforementioned sentence means? only one short life asset can be put in one column under the heading?
June 23, 2020 at 1:18 pm #574530
Tax Tutor
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Each short life asset must have its own individual computation – if 2 short life assets acquired then each one must have its own individual column within the CA computation
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