HELLO FRIENDS, PLS. TELL ME WHAT IS THE RATE OF DEP AS PER INCOME TAX ACT-1961
1. AIR CONDITIONER
2. MOBILE
3. T.V
4. REFRIGERATOR
I THINK IT IS 15 % BECAUSE THESE ALL ARE MACHINES BUT SOME TAKE IT 10%.
PLS. HELP ME.
THANKS.
HELLO FRIENDS, PLS. TELL ME WHAT IS THE RATE OF DEP AS PER INCOME TAX ACT-1961
1. AIR CONDITIONER
2. MOBILE
3. T.V
4. REFRIGERATOR
I THINK IT IS 15 % BECAUSE THESE ALL ARE MACHINES BUT SOME TAKE IT 10%.
PLS. HELP ME.
THANKS.
and also as per section 32 if the value of the asset is below or equal 5000 rs then we can cliam 100% depreciation . . and also if the company feels any asset having the negligible value then it can claim 100% depreciation
agree with dhuruv
agree with dhuruv
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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