No of days for calulating dept for computer under slm

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Querist : Anonymous

Querist : Anonymous (Querist)

17 June 2013 Dear All

If Computer desktop is purchased on 15 june 2013-purchase/ invoice date and its value before vat is 32126.00 VAT @5.5 % is 1766.93 Total Value is 33892.93 and rate of dept under slm is 16.21 %.what is Dept amount and number for days to be taken whether 289 or 290 days? Should I take the date of purchase as per invoice date or date of delivery ? Kindly help

CA Kapil Verma

CA Kapil Verma (Expert)
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17 June 2013 date of asset put in use should be taken.

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Querist : Anonymous

Querist : Anonymous (Querist)

17 June 2013 If the date of asset put into use is also 15 june 2013

CA Kapil Verma

CA Kapil Verma (Expert)
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17 June 2013 then day 15 june should be included in calculation.

Querist : Anonymous

Querist : Anonymous (Querist)

17 June 2013 should I take no of days as 289 or 290 ? Should Use Dept = 289 or 290 / 365 X 16.21% X 33892.93

Querist : Anonymous

Querist : Anonymous (Querist)

17 June 2013 should I take no of days as 289 or 290 ? Should Use Dept = 289 or 290 / 365 X 16.21% X 33892.93

Querist : Anonymous

Querist : Anonymous (Querist)

17 June 2013 should I take no of days as 289 or 290 ? Should Use Dept = 289 or 290 / 365 X 16.21% X 33892.93= If I Take 289 Days the value is 4350.08 / If I take 290 Days the value is 4365.13 which is correct figure?

CA Kapil Verma

CA Kapil Verma (Expert)
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17 June 2013 Day to be calculated from 15 June 2013 to 31 march 2014.

so days are= 290

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