Sir, kindly let me know the rate of roller depreciation used
This query is : Resolved
14 August 2011
Sir,
Kindly let me know the rate of roller Depreciation used in Aluminum Rolling mill. Since the rate of Iron and steel industry is 80 % in Rolling mill rolls as per Income Tax act. But the rate of Aluminum Rolling Mills Roller is not specified in the Income tax act.
So please let me know at an earliest.
Thanking you.
Regards
Sunil Gattani
C/o.Jai Bajrangbali Aluminum Products
A.T.Road Jorhat -785001 (Assam)
Cell No : 94350-51992
Kindly let me know the rate of roller Depreciation used in Aluminum Rolling mill. Since the rate of Iron and steel industry is 80 % in Rolling mill rolls as per Income Tax act. But the rate of Aluminum Rolling Mills Roller is not specified in the Income tax act.
So please let me know at an earliest.
Thanking you.
Regards
Sunil Gattani
C/o.Jai Bajrangbali Aluminum Products
A.T.Road Jorhat -785001 (Assam)
Cell No : 94350-51992
15 August 2011
Since separate rates for Aluminum Rolling Mills Roller is not given apply the rates as applicable to iron rolling rolls
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Can we claim ITC in 28%
- Regarding E-invoice Generation
- Forgot to update debit note in gst
- Relief Calculation u/s 89 of ITax 1961 in TableA Form10E
- Credit note Issue reg
- CA Final exam Form
- Ca final exam registration may-26
- Can we issue an invoice today
- SALE OF GOODS FROM OTHER STATE
- Foreign commission liable for rcm
- CERTIFIED TRUE COPY OF PARTNERSHIP DEED
- PARTNERSHIP FIRM REGISTARTION
- TDS on Immovable property to an NRI
- Revenue stamp for individual to Individual
- Regarding updated Return After Submission of Income Tax Audit Report
- Tds on GST in connection with sale to public company
- B2B Amendment
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- Regarding Advance Tax not claimed in the Return of Income for A.Y. 2025-26
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
