Depreciation
This query is : Resolved
25 March 2013
Dear,
Is it mandatory to charge 100% depreciation on asset cost less than 5000/-
Please help me.
Is it mandatory to charge 100% depreciation on asset cost less than 5000/-
Please help me.
Rahul Sharma
(Expert)
26 March 2013
if it is newly purchased than eligible for 100% deduction as per companies act if value less than 5000.
as per schedule XIV rate of depreciation.
as per schedule XIV rate of depreciation.
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