Form 54


This query is : Resolved 

(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?

Please reply

(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

19 April 2012 @ Sanjay,

Depreciation may be provided @ 15% on such equipments.

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


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