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Depreciation on asset

Tax queries 716 views 2 replies

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.................


Attached File : 54 depn.xls downloaded: 216 times
Replies (2)

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??????


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