Avto – depreciation

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June 2, 2017 at 5:01 pm #389774
mansoor
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sir…sorry to ask such basic questions:

at the end of 4th year, we are left with TWDV of 184.

he tells us that after tax realizable value is 150. that means, before tax it is 214.

so we shd be able to 214-184=30 as a BC. no?

regards
June 3, 2017 at 8:49 am #389850
John Moffat
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No – it means that the 150 takes account of the tex effects, so all you need to bring in is the 150.
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