with reference to example 1, let's say we have accounting period 15 months not 12.
we got our main pool balance 750 after deducting 500 sales proceeds.
so what amount should we need to deduct from 750 now?
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small pool WDA
Same answer we have a small pools WDA of 750. The issue about time apportioning the small pools wda claim is that for a 15 month period the amount of 1,000 would be increased to 1,250 and if for a 6 month period it would be reduced to 500.
Sir, for example in 14/15, the written down value of Main Pool is 1050 then we deduct 18% which is 189. After this deduction the balance in main pool is 861 which is less than 1000.
So the small pool allowance will be claimed in the current year or the next year?
Look at chapter 5 section 6 and tell me what the answer is .....
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