banner_ad

Depriciation

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 September 2013 Dear Sir,
Whether it is mandatory to charge depreciation on all assets
or
assessee can left any assets without charging depreciation.
Profile Image

CA Pallav Singhania

Profile Image

CA Pallav Singhania (Expert)
22 September 2013 Yes , as per explanation 5 of section 32(1) it is mandatory to claim depreciation.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 September 2013 What is the applicable rate on office furniture.
Profile Image

Ganeshbabu K

Profile Image

Ganeshbabu K (Expert)
22 September 2013 10% under income tax act
Profile Image

CA Pallav Singhania

Profile Image

CA Pallav Singhania (Expert)
22 September 2013 Furniture and fittings including electrical fittings 10 percent..
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

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

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details