Hi Can any one tell me what is the rate of depreciation on computer software as per companies act & income tax act
Menu
Rate of depreciation on computer software
Replies (1)
BROTHER AS PER INCOME TAX ACT IT IS 60% AS THE ACT SAYS THAT THE BLOCK 60% IS APPLICABLE FOR COMPUTER INCLUDING SOFTWARES.
Recent Threads
- Foreign income and bank account
- Unorganised chit amount
- LTCG tax late payment interest
- Post pension deposit in Swiss account
- Max FD super senior citizen can make.
- Capital Gains Tax Bonds
- Timing difference in availment of ITC reporting in
- Import of goods and igst related
- DGFT licence port mismatch with Postal (PAD) impor
- Tax on sale property (Land)
Related Threads
CAclubindia
