Depreciation chart
This query is : Resolved
shweta Agrawal
(Querist)
03 November 2017
I have a problem while filling ITR. I have 2 assets in my book. There opening WDV as on 01/04/2016 is Rs. 23263(11492+11771).Depreciation rate is 15. One of the assets of WDV Rs. 11492 is sold on 31/03/2017 for rs 5000
& another assets of same kind is purchased in Nov 2016 say for Rs. 10000.
What depreciation value & closing WDV shall be shown in excel sheet as well as in ITR.
Whether dep shall be Rs 4240 (1724+750+1766) or Rs 2516(750+1766). And how loss on sale of assets of Rs. 5000 shall be treated?
& another assets of same kind is purchased in Nov 2016 say for Rs. 10000.
What depreciation value & closing WDV shall be shown in excel sheet as well as in ITR.
Whether dep shall be Rs 4240 (1724+750+1766) or Rs 2516(750+1766). And how loss on sale of assets of Rs. 5000 shall be treated?
03 November 2017
Loss on Sale Rs. 4768 (11492 - 1724 = 9768 - 5000 = 4768
shweta Agrawal
(Querist)
17 November 2017
What shall be closing wdv?
And How shall it appear in Form 3CBCD?
And How shall it appear in Form 3CBCD?
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