Depreciation
This query is : Resolved
Rupesh Maheshwari
(Querist)
17 September 2010
What shud b the Depn rate on "TRUE COUNTER MACHINE"?
Rupesh
Rupesh
CMA Chandan Singh
(Expert)
17 September 2010
It should be come under the "Office Equipment" in fixed Assets Register & Rate of Dep. is 4.75% as per Companies Act.
Rupesh Maheshwari
(Querist)
18 September 2010
I need depn rate as per Income Tax Rules
CMA Chandan Singh
(Expert)
20 September 2010
15%
Rupesh Maheshwari
(Querist)
20 September 2010
thnks
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