Please check the attachment.
Whether the method of deprciation followed by the company is correct or not?
According to me the following things may be wrong
1. Seperate block of asset having rate=15%.
2. Providing depn @ 10% on office equipments.
Please Suggest.................
It is correct, Some of Professional take Office equipement in 10% rate.
i think office equipment shd be provided dep at rate of 15%.......still the co can throw light on the same.......u can ask the co their justification for providing dep on office eq @ 10%.......also do ensure what exactly that office eq is??????
CCI
Pro
CAclubindia
