banner_ad

Question for depreciation rate of computer.

638 views 3 replies
I had purchased computer in FY 2015-16 from that period depreciation is charged @ 60%. As per income tax act, the depreciation rate is changed from 60% to 40%. So what rate should I consider for the old assets as per Accounting Standard-1. It should continue with 40% or 60%?
Replies (3)
Depreciation rate on Computer changed from 60% to 40% from F.Y. 2017-18
but for old assets which rate we should continue this year as per Accounting Standard-1...
you can calculate as per revised rate 40%


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details