What is the useful life and rate of depreciation for a diesel generator set as per companies act.
Menu
Depreciation on DG Set
Replies (1)
You have to look for tax depreciation and company depreciation. Companies act prescribes slm method
Cost-scrap/no. of years/cost of asset= %dep rate
Recent Topics :
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
- Hi experts need some helps
- A query regarding GST and Place of Supply:
- ADT-3 not filed by previous Auditor
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
Related Topics :
CAclubindia
