Depreciation
This query is : Resolved
17 June 2014
Hi,
Please share up to which point we can charge depreciation.Is possible to zero cost.
Please share up to which point we can charge depreciation.Is possible to zero cost.
17 June 2014
generally once the asset is reduced to Rs 1, we stop there as long as the asset is being used.
17 June 2014
once its rs 1 just write off fully.
17 June 2014
actually, tushar, we never writ off once it becomes Rs 1 as long as it is in use to ensure that all the assets are kept on records...
17 June 2014
then how can u show it when it becmes 0?
17 June 2014
that is what i said...we stop depreciation charging when it becomes Rs 1
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
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- TDS Challan Code
- Refund of 20%pre-deposit paid for stay application
- Rent lease agreement
- Relief u/s Section 89
- Nomination of Bank for refund in itr 2
- ASISSE return under the provisions of the Collection of Statistics Act, 2008 (7 of 2009)
- STCG on ETF gold & silver
- E way bill for tractors
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
