Which is the best Depreciation method for maintenaning books for a manufacturing unit as per company Act?
Menu
Best Depreciation method for books record
Replies (3)
Written down method
The best method which will hv max. tax benefit and simple calculation
The written down Value Method helps determine the asset’s depreciated value, which helps determine the price at which the asset should be sold. It applies a higher amount of depreciation in the initial years of the asset’s useful life. It is an ideal method to record the depreciation of assets, which lose their value quickly.
Recent Threads
- LTCG Tax & Indexation on Debt Mutual Funds Sol
- Section 45(5A) and 194IC with carry forward of tds
- Paid tax amount, CIN generated and challan downloa
- INTRADAY INCOME PRESUMPTIVE INCOME
- Clarification on Deemed Export Status for EOU-to-E
- LTCG Tax on property
- Short term gain in itr2, missing 111A
- Errors in ITR Filing: Minimum One Character Requir
- Which ITR Opt
- Employer Details for NRI
Related Threads
CAclubindia
