Hi,
I bought a laptop in Jan 08 for business purposes. I did not claim any depreciation for finanacial year 07-08. Can I claim depreciation on same laptop in finacial year 08-09?
If yes, at what rate?
regards
Amit
Menu
epreciation on laptop
Replies (2)
yes, @ 60%
Yes, U can claim Depreciation @ 60%. under the block Plant & Machinery.There is amendment from the A.Y. 2002-03, depreciation u/s 32(1) will be available whether(or not) assessee has claimed, the deduction for depreciation while computing of his Total Income.
Surana, Chennai
9952967237
Recent Topics :
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
Related Topics :
CAclubindia
