Guys,
In Income Tax, depreciation undr PGBP chapter,...Should we memorize all the rates of depn (undr IT act) for exam..?! Any idea..?!
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PGBP..!!
Replies (4)
Yes. Atleast main rates and blocks needs to be remebered, like Buidling, furniture, plant and machienery, intengible assets, office equipments, computers,books, softwares, which are used commonly in practical applications.
no just rem. name of main blocks.building,P/M,intangables,Fur./fitings.for P/M genral rates 15%,vehicles 30%,building 10%,temprary structure 100%,intangable assets 25%,F/F 10%,computer 60%.ship 40%.these are enough
remind again and again rates shall be learn
yes. u hv to remember the rates
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