What is Depreciation rate applicable of aircraft as per income tax act for A.Y2020-21 and other investment benefit if any
and depreciation rate as per companies act 2013?
Menu
Depreciation of aircraft
Replies (1)
Aircraft Rate of Dep @ 40 % and no other investment benefit are available
Benefit for NEW P& M excluding aircraft , second hand machine , vessel . motor vehicle , office equipment etc
As per Companies Act , Component based accounting may be followed .
Recent Topics :
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
- Omitted E-Commerce Sales Reported in Table 14 but
- Omitted sales shown in GSTR-1 Table 14 but not in
- EWAY BILL TAKE OUT OF OTHER COMPAMY
- Penalty & late fee for late ITR filing
- Business discontinued as Government took possessio
Related Topics :
CAclubindia
