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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Which part of egg is good for health?

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  Eggs are a nutritious food source and provide various health benefits. Different parts of the egg offer distinct nutritional profiles. Here's a breakdown of the main components of an egg and their health benefits:


  • Egg Yolk: The yolk contains most of the egg's nutrients and is rich in vitamins, minerals, and healthy fats. It is a source of vitamins A, D, E, and K, as well as B vitamins, including folate and B12. The yolk also contains essential minerals like iron, zinc, phosphorus, and selenium. Additionally, it contains choline, a nutrient important for brain health.


  • Egg White: The egg white, or albumen, is primarily composed of water and protein. It is low in calories, cholesterol-free, and a good source of high-quality protein. Egg whites provide all the essential amino acids, making them a complete protein. They are also low in fat and contain minerals like potassium, magnesium, and sodium.


Both the yolk and the white have their benefits, but it's important to note that the yolk contains more fat and cholesterol compared to the white. However, recent research suggests that the dietary cholesterol in eggs may have a minimal impact on blood cholesterol levels for most people. It's generally recommended to consume eggs in moderation as part of a balanced diet.


If you have specific dietary considerations or health conditions, it's best to consult with a healthcare professional or a registered dietitian to determine the optimal way to incorporate eggs into your diet.

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