Depriciation method
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 July 2014
Sir
Please tell me if i bought a new machinery in m/o may 2013, for Rs 55000/- and already machinery in book whose value are Rs 22000/- , now please tell me the mathod of depriciation if , i am propriotership/partner ship firm or a ltd/pvt ltd co. please explain with example.
thanks
mukesh kumar
Please tell me if i bought a new machinery in m/o may 2013, for Rs 55000/- and already machinery in book whose value are Rs 22000/- , now please tell me the mathod of depriciation if , i am propriotership/partner ship firm or a ltd/pvt ltd co. please explain with example.
thanks
mukesh kumar
16 July 2014
U must have to add the new machinery costing Rs 55k, to the block of Machinery containing WDV 22K.
Charge Dep.n on the WDV (22K) for the whole year and the new one from the date of installation.
Charge Dep.n on the WDV (22K) for the whole year and the new one from the date of installation.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Supply through E-commerce Operators
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Relief u/s Section 89
- Sales return eway bill
- Agriculture income or business income
- GST ON DAMAGED GOODS
- Tax liability on income of freelancer
- STCG FOR GOLD ETFs
- Taxation on LTCG for property sold after 24JUL2024
- GST Registration Horse racing
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
