Hi friends,
Pls let me know what's the depreciation rate for Generator under income tax Act and Companies Act
Menu
Depreciation
Replies (2)
It should be come under plant and machinary so rate @ 15% would be applicable.
The company act rates would be 13.91 as per WDV and 4.75 as per SLM (For single shift)
Recent Topic
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
Related Topics
CAclubindia
