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Income tax rates of depreciation

Prateek Jotwani (student) (201 Points)

20 September 2011  

THe rates of deprecation fixed?? Can assessee claim lower rate of depreciation as per income tax . ????
 


 6 Replies

CA RICHA BADALIA (CA,CS) (1677 Points)
Replied 20 September 2011

No, an assessee cannot claim lower rates of depreciation then as per Itax.Rates provided for income tax purpose are fixed rates.

valji (Accounts manager-MBA) (2148 Points)
Replied 20 September 2011

agreee with above

Ravindra kumar (student) (87 Points)
Replied 20 September 2011

" Never"


(Guest)

though rates of depreciation is fixed but still y an assessee want to claim lower depreciation. It do not serve any purpose.

https://taxbykk.blogspot.com/

student (accounts) (131 Points)
Replied 20 September 2011

no                                   

Maneesh Kumar (B.Com M.Com STUDENT CWA IPCC)   (507 Points)
Replied 21 September 2011

NO NEVER.


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