depreciation

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depreciation on mobile phone
Replies (5)
As per Income Tax Act

15% on P & M



As per Comapny Act

SLM - 4.75%

WDV-13.91/-

 
mobile will fall under the block"plant and machinery"
Originally posted by : rama krishnan
mobile will fall under the block"plant and machinery"

Yes Sir... You are exactly correct...

I stated as P & M...

yes raja sir... I have not found with your reply just endorsed your reply sir

Thanks for this informative post and your tips, now the situation has cleared up for me 192.168.l.l


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