Depreciation for electronic item as it act
This query is : Resolved
20 July 2013
In the Financial Year 2012-13 I have bought the Sony LED TV 32 " and now I want to show the same in my Balance Sheet. But I want to know that how much % depreciation has to be charged for whether 60% or 15%?
In the Financial Year 2012-13 I have bought the Sony LED TV 32 " and now I want to show the same in my Balance Sheet. But I want to know that how much % depreciation has to be charged for whether 60% or 15%?
20 July 2013
It can be attached with the computer and used as computer monitor ?
If yes -60%
If No -15% (if you treat it as plant & machinery)
.
If yes -60%
If No -15% (if you treat it as plant & machinery)
.
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20 July 2013
Generally monitors are converted into TV. Why TV can not be converted into monitor ?
Actually the features of TV are more versatile than a normal computer monitor, so in my view higher depreciation can be claimed.
Actually the features of TV are more versatile than a normal computer monitor, so in my view higher depreciation can be claimed.
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