Help-epreciation Charged on plant & Machinery
This query is : Resolved
R.Purna Ch. Achary
(Querist)
02 December 2009
Hi,
I am purna working in DAESUNG ELECTRIC INDIA PVT. LTD. AS a Finance & Costing Officer. Our company is Automobile Industries, producing Automobile componets. All Machinery and its spare parts imported from korea. pls help me what are the depreciation as per IT Act
I am purna working in DAESUNG ELECTRIC INDIA PVT. LTD. AS a Finance & Costing Officer. Our company is Automobile Industries, producing Automobile componets. All Machinery and its spare parts imported from korea. pls help me what are the depreciation as per IT Act
Jag Bhushan Sharma
(Expert)
03 December 2009
It is 15%.
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