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Form 54

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(Querist)
19 April 2012 What does form 54 means? Is it compulsory for every company to file form 54 even if form 53 has been filed along with annual return?

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(Querist)
19 April 2012 Hello Experts & CA's
What is the rate of depreciation on dental medical equipments like Dental CHAIR unit inclusive of X ray. Surgical Equipments.
Regards
Sanjay
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
19 April 2012 @ Sanjay,

Depreciation may be provided @ 15% on such equipments.
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Amol S Joglekar

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Amol S Joglekar (Expert)
20 April 2012 The rate as applicable to "plant and machinery" (Currently 15% as rightly said by CA Paras)
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