banner_ad

Urgent plz

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 July 2014 its urgent. .plz tell me does concept of charging 100 % depreciation on asset whose real value is less than 5000 is applicable only for cy addition. .
Profile Image

Nischit Sanghavi

Profile Image

Nischit Sanghavi (Expert)
12 July 2014 If Purchase value of the Asset(s) is upto Rs.5000/-, then 100% depreciation is available on the asset purchase in the year of purchase itself. Thereafter, it would include in the Block of Assets.
Profile Image

Vishnu Saboo

Profile Image

Vishnu Saboo (Expert)
16 July 2014 concept of charging 100% depreciation on assets below 5000 is abolished in new company act 2013, as per my knowledge.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details