As an accountant, on which price should I calculate depriciation on second hand computer system purchased for IT company? How to determine remaining useful life for second hand computer purchased ?
Menu
Depriciation on second hand computer system in it company.
Replies (3)
You can claim or compute depreciation on your purchase price of the asset plus instalation charges if any
Thank you very much sir..
But how to determine remaining useful life for second hand computer purchased for depriciation purpose?Is there any specific rules?
Thank you very much sir.
Recent Threads
- TAN for Multiple States
- Delivery Challan serial number Issue and return ru
- After filing form 71 For TDS mismatch
- 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
Related Threads
CAclubindia
