Dear Sir/Madam,
Please Tell me How to calculate depreciation on Interior decoration and What rate of Depriciation
Regards,
Vishwanath Kumbar
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How to calculate depreciation on interior decoration
Replies (4)
The rate applicable to furniture & fitting can be followed.
Regards,
RAJESH CHOUDHARY
The depreciation is to be charged @ 15% on furniture in the books of the person in which the asset is accounted for.
interior decoration is a part of furniture and fixture. rate applicable for same should be applied.
Dear Sir/madam,
please Tell me How to account interior decoration charges & deprication charges on interrior decortion. if less than 180days what rate of depreciation will be charge
regards,
Naveen
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