banner_ad

asset calculation

255 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
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details