INTERVIEW QUESTIONS TAX DETAILS

Question: What is Written Down Value in Taxation?

Answer: Written Down Value in Taxation is the value of an asset which is depreciable for income tax purposes, determined by deducting from the total cost, including installation, etc. the deduction that have been made for wear and tear or depreciation in previous tax years.

Written Down Value in Taxation is the value of an asset which is depreciable for income tax purposes, determined by deducting from the total cost, including installation, etc. the deduction that have been made for wear and tear or depreciation in previous tax years. Source: CoolInterview.com

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