Hai frnds
I am sravanthi. I have a small doubt regarding Depreciation. Is Proprietory Concern necessary to prepare depreciation statement? If yes what are d rates? if d ans is no what is the reason? Pls frnds help me. Its very urgent to me.
Thanks in Advance
Whether proprietorship concern or public company, all r required to prepare Depreciation chart...... There are lots of items on which dep is charged.. Plz refer Direct Tax ready Reckoner for the same....
Suraj Garg and Associates
New Delhi
CA Inter
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Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
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Saini Pati Shah & Co LLP, Chartered Accountants
Mumbai
CA Foundation
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