Cost of Machinery Rs.10 lakhs, Scrap value of asset is Rs.2.5 lakhs, Life period of Machinery is 10 years, and the depreciation is charged WDV.
Can I know how to calculate the depreciation amount.
Plz help, urgent.
Menu
How to calculate Depreciation on WDV
Replies (1)
As per accounting standard depriciation will be Rs 75000 every year & not on WDV
Recent Topic
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
- Return filing for intervening period upto date of
- EPF Withdrawal taxation
- While e filing otp not generating
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
Related Topics
CAclubindia
