Dpereciation on software
HEMANT SHARMA (13 Points)
02 June 2021i want to know what is the depreciation rate on only software.
Whether it will be covered under Intangible assets and rate will be 25% or whether the rate will be 40%
please guide.
HEMANT SHARMA (13 Points)
02 June 2021
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 02 June 2021
As per the it act wdv depreciation must be used
CMA Poornima Madhava
(CMA)
(13097 Points)
Replied 02 June 2021
Income Tax Wala: (Fin. Expert)
(Chartered Accountants)
(2015 Points)
Replied 02 June 2021
Rate of depreciation on software also is 40%
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 02 June 2021
Manikanta juluri
(Student)
(252 Points)
Replied 04 June 2021