DEPRECIATION
This query is : Resolved
17 September 2008
I AM USING PC FOR MEDICAL TRANSCRIPTION. COULD YOU PL ILLUSTRATE HOW TO ARRIVE AT THE DEPRECIATION VALUE.
THANKS & REGARDS
THANKS & REGARDS
18 September 2008
RATE OF DEPRECIATION OF COMPUTER IS 60%. VALUE OF DEPRECIATION IS 60% OF THE COST OF PC.
sivasankar
(Expert)
19 September 2008
HI,
Depreciation rate is 60% of the bill amount.
You can include UPS & printer to the cost of the computer to calculate depreciation.
You can reduce depreciation from your medical transcription receipts for tax purposes.But you should not be the employer of the company to claim depreciation.
Depreciation rate is 60% of the bill amount.
You can include UPS & printer to the cost of the computer to calculate depreciation.
You can reduce depreciation from your medical transcription receipts for tax purposes.But you should not be the employer of the company to claim depreciation.
21 June 2010
agree
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- EPF ECR NEW RULES Sep 17th 2026
- Taxation of crypto futures in India Fy 2026- 2027
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
