depreciation on cctv
This query is : Resolved
04 April 2011
bank charged depreciation on cctv @ 33.33% slm method it is correct?
04 April 2011
Dear
As per Income Tax Act it should be 15% on WDV method,but some time Banks HO direct the Branch to do so however when we Audit the Bank A/c we should see the HO directives and should report accordingly
As per Income Tax Act it should be 15% on WDV method,but some time Banks HO direct the Branch to do so however when we Audit the Bank A/c we should see the HO directives and should report accordingly
05 April 2011
These are as per RBI norms
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