Depreciation accounting
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 June 2013
Our company is engaged in the business of software solutions and having some intangible assets i.e. softwares, applications, logos and so on.
My question is that How should I depreciate this after considering useful life or as per income tax rules ?
Thanks in adv.
My question is that How should I depreciate this after considering useful life or as per income tax rules ?
Thanks in adv.
CMA Ramesh Krishnan
(Expert)
14 June 2013
Intangibles are need to be amortised based on useful life. so need to calculate the useful life
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