Start with a quick summary: 1  What is your project? 2  What are your assets? 3  How do you want the person to help? e.g. appearing at an event, signing a photo, etc. 4  Why they are a good candidate to get involved. 5  What will the celebrity get out of it? 6  Make it personal. 7  Proof read your letters, and have others look them over, too. 8  If you would like a 9  ... Inontacting celebrities can be time-consuming and expensive if you do it wrong, so it makes sense to have a solid plan before you start reaching out to people. Prepare your campaign materials thoroughly before you even consider which celebrities you want to get on board.
For the purposes of Income Tax Act, a previous year is a distinct unit. In case an asset is discarded by the business but not sold, section 43(6) permits the scrap value of the asset to be reduced from the block in the previous year in which such asset is discarded.nder the block concept, all the assets falling within the same class and subject to same rate of depreciation are clubbed together and considered as single asset. Any alterations to the value of the block have to be strictly in accordance with the provisions of Chapter IV D of Income Tax Act, 1961.
As per section 32 of Income Tax Act, 1961, a assessee is entitled to claim depreciation on fixed assets only if the following conditions are satisfied: 1  Assessee must be owner of the asset â registered owner need not be necessary.2  The asset must be used for the purposes of business or profession.he assessee is entitled to claim depreciation on the residual value of such discarded asset [ie., Opening WDV of such asset less scrap value] even though such discarded asset is not used for the purposes of business or profession in such year and subsequent years.