Dear Sir
We want to know how to calculate depreciation on Fixed assets.
- Half year and full year method
- Invoice date wise
Kindly suggest us
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Depreciation method on llp
Replies (1)
u can go with block of asset method- full depreciation if put to use more than 180 days and if less than 180 days 50% ) further if first year of purchase subject to conditions can claim additional depreciation at 20% or 35%(in case of West Bengal,Andhra Pradesh,Telangana,Bihar)
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