banner_ad

asset calculation

Others 269 views 6 replies
Namaste,
we purchased One laptop on 18-March-2018....
after deducting depreciation value for the Fy17-18....the cost of that laptop was Rs.27120(opening balance for the FY18-19)....now that laptop is lost from 20th Feb 2019....what will be the Depreciation value of that laptop....for present date.... kindly help me
Replies (6)
You will have to charge depreciation for the period april 2018 till 20 feb 2019. Then net amount will be the value of the laptop as on 20th feb 2019 i.e the day on which laptop was lost
kindly can you tell me what will be the depreciation value for present date.. please
27120-40%=16272
I think depreciation must calculate for 11month?
if asset is used for more than 180 days then full 40% can claim as per income tax
thank you very much


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

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

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details