CAR purchased by company on 11.1.2011 at rs 383447, than please reply how to calculate depriciation on it (Calculation sheet please) upto 31.7.17
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Depriciation
Replies (3)
the criteria of charging depreciation is different as per Accounting Standard and as per Income Tax act,So firstly clearfy what criteria you want???
As per companies act
give me complete data like as useful life,scrap value,and rate of Depreciation of Car and method for calculating the dep.
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