depriciation
This query is : Resolved
17 April 2009
Hi,
What should be the depriciation charged on refrigerator?
Thanks,
What should be the depriciation charged on refrigerator?
Thanks,
17 April 2009
Refrigerator will be included in the block of furniture & Fixture s well as machinery depending upon the nautre of business and use of it.
17 April 2009
Most possibly it will included in P&M and 15% depreciation will be charged as per IT.
17 April 2009
It will be traeted as a part of Plant &machinery and the rate will be 15%pa.
17 April 2009
Refrigerator shall be part of office equipments if not a part of plant and macheinery, but the dereciation rate shall be the same i.e 15%PA.
17 April 2009
15%
01 May 2009
The refrigrator is a part of the office equipments and the rate of 15% applies. I Agree with Tarun.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is Aadhar PAN linking required for opening bank account?
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Where to show the RCM on Rent paid to unregistered landlord
- RCM - commercial rent paid to URP under GST
- SEC 54 OF IT ACT
- Form 26QB for TDS on property
- GST Annual Returns filing due date
- Gst Sales of FY 2023-24
- Payable outstanding for years disallowance
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Need help with business structure for setting up a new business
- TDS applicability on Service through ECO
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
