Menu
Calculate
recently our company purchase fingerprint reader that cost rs 5426.plz tell me whether this is a fixed asset or not.if it is fixed asset how would i calculate depreciation on that asset.
Replies (2)
its comes under office equipment. whatever the assets more than 5000 we can capitalise it. and can claim depreciation
whether u company is pvt ltd. we want put depreciation as per income tax act 1961 and as companies act 1956.
Recent Threads
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
- Family Pension Army
- Waste Management services
- Seeking Clarity: New Transport Allowance Limits (D
- Query regarding Consolidated Gift Deed for Bank Tr
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
Related Threads
CAclubindia
