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Depreciation

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(Querist)
17 January 2012 Hello !
I want to know how we calculate depreciation what's rules.For example I have machinery Rs. 100000/- between the year purchase machinery Rs. 5000/- on 10th December kindly advise for the same.
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R.K.Saini
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CA pooja gupta

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CA pooja gupta (Expert)
19 January 2012 dep. has to be calculated for full year if asset is purchased before 30the sep and half if purchased after that.
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R.K.Saini

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R.K.Saini (Querist)
19 January 2012 Thanks for your kind Information




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