plz help
what is rate of depreciation for books ( other than annual publications ) which is use in normal business
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rate of depreciation on normal books ?
Replies (6)
What is the nature of business
60%. But for libraries it is 100%.
books owned by the assessee carrying on profession - 60% (does not include annual publications )
annual publications and library books and any other books so defined - 100%
annual publications and library books and any other books so defined - 100%
business is general store
and purchase book for basic accounting ie dk goyal
plz specified the rate of depreciation
and purchase book for basic accounting ie dk goyal
plz specified the rate of depreciation
I think it should be 15 %
Books for publication
Other books
As per Assessment year 2020-21??
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