Depreciation calculation under income tax
This query is : Resolved
24 January 2024
whether 95% of cost of the assets to be depreciated over the useful life of the assets.
and also
when to be depreciated 50% in the year of assets Acquire.
and also
when to be depreciated 50% in the year of assets Acquire.
25 January 2024
Depreciation rate as per income tax to be adopted under block of assets concept.
50% depreciation to be charged on assets put to use less than 182days.
50% depreciation to be charged on assets put to use less than 182days.
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