Is depreciation allowable on purchase of fixed assets by cash, Which used for bussiness purpose?

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 Yes!, depreciation is allowable on purchase of asset for business purpose by cash, subject to certain conditions. The asset must be used for the business or profession of the assessee, and it must be owned, wholly or partly, by the assessee. The asset must also have a useful life of more than one year. However, there is a restriction on claiming depreciation on assets purchased in cash. Section 43 of the Income Tax Act, 1961, disallows the capital expenditure incurred in cash for certain specified assets, including fixed assets. This means that if you purchase an asset for your business in cash, you will not be able to claim depreciation on the cost of the asset. There are a few exceptions to this rule. For example, you will still be able to claim depreciation on assets purchased in cash if the amount of the expenditure does not exceed Rs. 20,000. You will also be able to claim depreciation on assets purchased in cash if the asset is used for scientific research or for the purpos...
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How to start affiliate marketing?

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 To start affiliate marketing, you can follow these steps:

  1. Choose a niche: Decide on the area you want to focus on for your affiliate marketing efforts. It could be a topic or industry that you are knowledgeable or passionate about.
  2. Research affiliate programs: Look for affiliate programs that align with your chosen niche. Many companies and online platforms have affiliate programs that offer commissions for referring customers or generating sales.
  3. Select affiliate products or services: Once you've identified some affiliate programs, choose specific products or services that you want to promote. Consider the relevance, quality, and value of the products to your target audience.
  4. Build a platform: Establish an online presence where you can promote the affiliate products. This could be a website, a blog, a YouTube channel, or social media accounts. Creating valuable content related to your niche will attract and engage your target audience.
  5. Create high-quality content: Produce content that provides value to your audience. It could be in the form of blog posts, articles, videos, product reviews, or social media posts. Focus on solving problems, answering questions, and addressing the needs of your audience.
  6. Drive traffic to your platform: Implement strategies to drive traffic to your platform. This can include search engine optimization (SEO), social media marketing, paid advertising, email marketing, guest posting on other websites, or collaborating with influencers in your niche.
  7. Insert affiliate links: Incorporate your affiliate links within your content naturally. These are unique links provided by the affiliate programs that track the sales or referrals you generate. Make sure to disclose your affiliate relationships to maintain transparency and build trust with your audience.
  8. Track and analyze your results: Monitor the performance of your affiliate marketing campaigns. Track the clicks, conversions, and sales generated through your affiliate links. This data will help you optimize your strategies and focus on the most effective promotional channels.
  9. Build relationships: Establish relationships with your audience and affiliate partners. Engage with your audience through comments, emails, and social media interactions. Collaborate with other affiliates or influencers in your niche to expand your reach and leverage their expertise.
  10. Continuously improve and adapt: Affiliate marketing requires ongoing learning and adaptation. Stay updated with the latest trends and changes in your niche. Test different strategies, analyze the results, and refine your approach to maximize your earnings.

Remember that building a successful affiliate marketing business takes time, effort, and patience. Stay consistent, provide value, and focus on building trust with your audience, and over time, you can start earning income through affiliate marketing.

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