Depriciation


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 April 2013 If I have purchase two wheeler one month ago Rs 60000/- so how many depreciation consider in next year

17 April 2013 As per income tax act, eligible depreciation is 1/2 of 15% . Ie 7.5% on 60000.

17 April 2013 If purchased in march 2013, then depreciation for fy 12-13 will be 7.5 % on 60000. In fy 13-14 eligible depreciation is 15% on remaining value of asset after previous depreciation.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 April 2013 Thanks for kindly reply.

18 April 2013 You should thank the expert by clicking on the icon ''thank user" . The icon is present below the pic of the expert.


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
08 August 2026
International Corporate Tax Advisory

Shulke

Bengaluru

CA

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
11 August 2026
COMPLIANCE EXECUTIVE

YMW COMPLIANCE SERVICES LLP

Others

CA Final

View Details
Company
06 August 2026
Sr accounts executive, Asst Manager

JAMNA AUTO INDUSTRIES LTD

Jamshedpur

CA Inter

View Details
Company
Featured ARTICLESHIP 04 August 2026
Article Trainee

Prish Consultancy LLP

New Delhi

CA Inter

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details
Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 17 August 2026
CA Article Trainee

ASC Group

Noida

CA Inter

View Details