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Depreciation
What Rate are Applicable of old Computer that are purchase financial year 16-17 and tally software purchase F.Y 17-18 as per income tax for A.Y 18-19
Replies (4)
As per IT Act Depreciation Rate @ 40% in AY 18-19 For the above said Computer and Software...
COMPUTERS >> 40%
SOFTWARE >> INTANGIBLE ASSETS >> 25%
alrt:NAVEEN CHAND computer and software fall unser the same block and depreciation rate for it is 40% said by RAJA PM/....software does not fall under the category of intangible asset.
alrt:NAVEEN CHAND computer and software fall unser the same block and depreciation rate for it is 40% said by RAJA PM/....software does not fall under the category of intangible asset.
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