Fixed asset


This query is : Resolved 

06 August 2014 will asset value include service tax also for depreciation purpose...

06 August 2014 If you do not take credit of service tax then it will be added to cost o asset.

06 August 2014 if you take the credit of tax, servcitax, excise duty under the relevant act then no depreciation will allowed on tax amount .

06 August 2014 only if u dont take credit under any tax then only u can take


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