Depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 September 2012
Dear Sir,
One of the assessee, who has a truck employed in his business and charged depreciation @15%.
Now please advise me, I should show it in schedule DPM or in schedule DOA of itr 4.
Please clarify.
One of the assessee, who has a truck employed in his business and charged depreciation @15%.
Now please advise me, I should show it in schedule DPM or in schedule DOA of itr 4.
Please clarify.
08 September 2012
It has to show under schedule DPM. However if the assessee is transport operator then depreciation @30% is eligible.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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