20 May 2013
Thanks Mr.Ganesh Babuji for your reply on my previous mail. please tell me whether any type of assets purchased below Rs.5,000/- what is the depreciation amount
20 May 2013
COST OF ASSET WHOSE ACTUAL COST DOESN'T EXCEEDS 5000/- RATE OF DEPRECIATION IS 100%, GENERALLY THESE TYPE OF ASSETS CAN BE CHARGED TO OFFICE MAINTAINANCE/FACTORY MAINTAINANCE/VEHICLE MAINTAINANCE WHICH APPLICABLE
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