Menu
Depreciation on Fire extinguisher
when we purchase fire ext. on 15/11/2017 then sir when will depreciation charge on it
Replies (2)
In March. Only 50% depreciation allowed as per IT.
Depreciation at 7.5% under Section 32 of INCOME Tax Act for P.Y 2017-18 shall be allowed.
Recent Topics :
- TDS filing for the 1st quarter of TY 2026-27
- Login into Old Traces Portal
- Professional Income reporting in ITR-3
- Pf exemption in hand of spouse on demised of husba
- Missed deadline to revise ITR for a foreign asset
- Durga Puja 2026 Dates: Mahalaya, Shashthi to Vijay
- Indo-MIM IPO Allotment Date, Status Check and List
- GSTR 1 filed but GSTR 3 B no filed
- ITR FORM FILING REGARDS
- TDS JUSTIFICATION REPORT
Related Topics :
CAclubindia
