banner_ad

depriciation

This query is : Resolved 

31 January 2009 Max ltd. A foreign corporate, amalgamates on 1.10.2008 with Zenith ltd.Purchase consideration was fixed for Rs 20,00,000. Particulars of their assets are given below:

Particulars------max ltd----------zenith ltd
rate of dep.-----15%----------------15%-----

W.D.V as
on 1.4.08--------12lakh------------10lakh

machinery purchased on put to use
i)1.4.08
machine T --------5lakh----------------000---
ii)15.11.08
machine z---------00000--------------4lakh--

machine T is sold
on 30.11.2008------4lakh-------------00000----

Compute the deprecation allowance, admissible of Max Ltd. and Zenith Ltd. If:
(i)Max Ltd. is an Indian company
(ii)Max Ltd. is a foreign company


31 January 2009 HOW TO SOLVE THIS QUESTION ???

PLZ HELP ME.....


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
29 April 2026
Internal Auditor

SNCO

Mumbai

CA Inter

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details