For charging of depreciation as per Income tax act and company act
This query is : Resolved
20 November 2023
is depreciation charge on put to use when assets require installation/Fitting
Like plant and Machinery, Electric Fitting , Building
is depreciation charges on put to use when assets received on ready made received Like Furniture etc.
Like plant and Machinery, Electric Fitting , Building
is depreciation charges on put to use when assets received on ready made received Like Furniture etc.
20 November 2023
Depreciation should commence when it's ready for use and not from put to use.
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