Schedule ii
This query is : Resolved
Mohit Agarwal
(Querist)
15 January 2015
Dear Sir,
I want to know that when any one purchased the assets say furniture on 1/12/2014 then what period should be take for calculating depreciation or how i should calculate depreciation.
I want to know that when any one purchased the assets say furniture on 1/12/2014 then what period should be take for calculating depreciation or how i should calculate depreciation.
Amol S Joglekar
(Expert)
15 January 2015
calculate the depreciation from 01/12/2014, on time basis.
Under Income tax, only 2 categories are made for time depreciation....
Asset held for more than 180 days OR otherwise
Under Income tax, only 2 categories are made for time depreciation....
Asset held for more than 180 days OR otherwise
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