An assets has useful life of 4 years. It is Depreacited by WDV. method its book value at the end of 4 year is 24% of its original cost have, hence tha rates of depreciation will be applied.
Menu
Urgent
Replies (3)
Yes Depriciation rate is applied on the asset
Yes dep rates will apply as per the rates
Rate of Depreciation is 30%.
Recent Topic
- Retirement funds under new tax regime
- GTA Annexure V Non Compliance
- Calculation of Demand due to interest u/s 220(2)
- Legal profession business code in section 44ADA
- Whether Indexed Capital Loss Can Be Claimed Under
- Form 145 and 146 Foreign Remittance in Excel Forma
- E invoice missed out/not generated for FY2025-26
- Can a broker's software legally override actual po
- Startup exit in Sept 2025: Can I still save LTCG t
- Need advice
Related Topics
CAclubindia
