11 January 2012
suppose i have purchased a plant & machinery for Rs. 100000. now how will i compute depreciation? what will be the amount of total depreciation???
12 January 2012
Depreciation on asset is as followes 1) If put to use for more than 180days , he can claim full deprieciation. 2) If put to use for less than 180days he can claim half of regular dep. Rate of depreciation 15%
CAclubindia
