Easy Office
LCI Learning

Depreciation % on livestock as per it and co's act ???

This query is : Resolved 
Profile Image

Profile Image

(Querist)
26 February 2014 Friends

what is the depreciation rate on livestock(Buffalo's) if it is applicable as per IT and Co's act.

If gain arising on sale of livestock is it taxable under income tax.
Profile Image

Vishnu Saboo

Profile Image

Vishnu Saboo (Expert)
27 February 2014 Livestock are not subject to depreciation.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links