depreciation

23 May 2018

depreciation on mobile phone

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5 Replies

RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 23 May 2018

As per Income Tax Act

15% on P & M

As per Comapny Act

SLM - 4.75%

WDV-13.91/-

rama krishnan (12244 Points)
Replied 24 May 2018

mobile will fall under the block"plant and machinery"

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RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 24 May 2018

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...

rama krishnan (12244 Points)
Replied 24 May 2018

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

lukenlow (lukenlow) (28 Points)
Replied 20 June 2018

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

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