Depreciation
This query is : Resolved
03 October 2012
Is there any compulsion of application of Depreciation rate as per Companies Act for Private companies.............
03 October 2012
Depreciation under Companies Act is applicable for ALL companies registered under the Companies Act.
Since a private company is a company registered under the Companies Act, it has to calculate depreciation at the rates prescribed in the Companies Act.
Since a private company is a company registered under the Companies Act, it has to calculate depreciation at the rates prescribed in the Companies Act.
03 October 2012
if a company does not apply these rates? than what is the provision. Our Co. Charge dep as per Income Tax Act.
Dear Siddhartha please clear the situation
Dear Siddhartha please clear the situation
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING SECTION 43B 1 H
- Flat purchase in name of myself,my wife and son
- Tax on Goodwill on LLP
- Procedure to surrender export incentive
- Capital Gain Tax & Exemption us 54
- Audit report for a private limted company ( small company) FY 2024-25
- Capital gain tax after 23 jul 2024
- Subject: Clarification on Cost of Acquisition and Capital Gains Tax Treatment for Tata Chemicals and
- Update ITR
- Registration of Articleship
- Drafting Grounds of Appeal under Service Tax
- TDS on Crypto section 194S
- GST Practitioner Details
- MSME Reporting in 3CB-CD
- SECTION 50AA SHORT TERM CAPITAL GAIN IN CASE OF MLD
- GSTR 3B and GST Challan payment
- How to surrender Duty Drawback
- ITC Reversal & re-claim statement [FY 2023-24]
- How to generate e invoice for a software company having LUT Bond
- Regarding required stamp
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
