Easy Office
LCI Learning

Dereciation on assets purchased in cash above rs. 20000

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
04 August 2015 Sir,
I want to know can we claim depreciation on assets purchased in cash above Rs. 20000/-.
What if the asset is purchased by director on behalf of the company in foreign currency.
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
04 August 2015 charge normal depreciation in this case and foreign exchange flucatuation differnce to be adjusted as per as 11

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



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