Hello...
if we purchase a new Car ...of Amt Rs 86Lac ( 76 Lac Car Value Incl GST + 10 Lac (Road Tax Incl GST)
How will we Calculate depreciation as per Companies Act...
Depreciation will Charged on Complete Value or not???
If on taxable value .. road Tax include in depreciation
Regards
Himanshu
CAclubindia
