Profit and gains of business or profession
payal makkar (2 Points)
25 September 2019
R/s, mam/sir, what percentage of depreciation is charged on new p&m and on which value?
3 Replies
rahul karke
(93 Points)
Replied 25 September 2019
@ rate of 15% on the value appearing in fixed assets
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 25 September 2019
Yes... I agreed to Mr Rahul Karke.,
Depreciation rate @ 15% for plant & machinery...
In case new one purchased from October then we will provide depreciation @ 15% /2.
Depreciation rate @ 15% for plant & machinery...
In case new one purchased from October then we will provide depreciation @ 15% /2.
tapan gandhi
(student)
(30 Points)
Replied 25 September 2019
Check if eligible for additional depreciation
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