Rate of depreciation of computer in 2nd year
This query is : Resolved
Prasad A Patil
(Querist)
04 January 2018
Thanks for clarifying the depreciation application for the 1st year. But, if only half (half of 60%) is applicable in 1st year, then, how to calculate the depreciation for the 2nd year?
05 January 2018
Calculate full value of 60% in 2nd year...
In first year we will calculate 60% of depreciation if exceeding 180 days.. If less than 180 days then we ll apply 60%*2.....
05 January 2018
But,
One think "On Computer (Computers including computer software) rate of depreciation reduced from 60 to 40 on AY 2018-19...
Dhirajlal Rambhia
(Expert)
30 September 2021
As per revision in income tax rules, the rate has been reduced to 40%.
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