DEPRICATION RATE FOR PARTNERSHIP FIRMS

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 October 2010 PLEASE GIVE DEP RATE FOR PARTNERSHIP FIRM AS PER INCOME TAX AND AS PER COMPANY ACT
AND DURING COMPUTATOION OF INCOME TAX WHAT SHOULD BE DONE ADD WHICH AND LESS WHICH OR SHOULD PAY DIFFERENCE ON TWO ACT PL GUIDE

Aditya Maheshwari

Aditya Maheshwari (Expert)
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01 November 2010 Provisions of company law do not apply to firms. They can follow as per income tax rules also.

income tax rates
http://www.rrfalod.com/OtherpageTheme2.aspx?TYPE=HORIZONTAL&CompanyID=0&PAGENAME=RATES%20OF%20DEPRECIATION_2&Parent=Utilities&Current=Rates%20of%20Depreciation%20Under%20Income%20Tax%20Act

company law rates
http://www.rrfalod.com/OtherpageTheme2.aspx?TYPE=HORIZONTAL&CompanyID=0&PAGENAME=RATES%20OF%20DEPRECIATION&Parent=Utilities&Current=Rates%20of%20Depreciation%20Under%20Company%20Act