Can anybody help me to know the correct rate of Depreciation allowed on Interior Decoration as per Companies Act, if the building is a rented one & the rent period is for three years. What will be its implication as per Income Tax Act?
Menu
Depreciation rate
Replies (5)
I Think Interior Decoration is Not Included in Defination of Asset Acc. to Companies Act.
If Any Knows Sure, Please Let Me Know Too.
Depreciations are allowed on Assets and Interior Decoration does not fall into the category of asset..... hence no depreciation.
NO
nothing regarding interior decoration in sch 14
hi sir ,please help me
interiors iteams depreciation on rates
Recent Threads
- UNCLAIMED TDS REFUND QUERY
- Rcm payable which head
- Query of GST
- Long Term Capitalgains on sale of residential prop
- How Salaried Individuals Can Reduce Capital Gains
- NSTPI registration
- GST PAID IN DELHI
- How to Trade Forex in India?
- TDS - requirement of TDS by individual under presu
- Normal Register in GST in delhi in gujarat no rece
Related Threads
CAclubindia
