PLEASE TELL ME THE DEPRICIATION RATE ON OFFICE EQUIPMENTS (EG: CCTV CAMERA) AS PER COMPANIES ACT
CA SUKSHAM ARORA (CA) (569 Points)
19 April 2014PLEASE TELL ME THE DEPRICIATION RATE ON OFFICE EQUIPMENTS (EG: CCTV CAMERA) AS PER COMPANIES ACT
Income Tax Wala: (Fin. Expert)
(Chartered Accountants)
(2010 Points)
Replied 21 April 2014
rate of dep is 13.91% under WDV method as per company act 1956
and under new co. act 2013 it has been assumed that useful life is 5 year hence rate is 20%
Income Tax Wala: (Fin. Expert)
(Chartered Accountants)
(2010 Points)
Replied 21 April 2014
read schedule II of company act 2013
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
