Respected Sir,
As I have to workout the dep for a pvt ltd company, I shall be highly obliged should you please let me know useful life for the following assets :
1- Computer 2- Electrical Fitting 3-Furniture & Fixture
4- Motor Car 5-Office Equipment 6-Vehicles
Please let me know the way dep for a pvt ltd company is worked out.
With kindest regards
yours tarique rizvi
982 1630 130
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Dear Experts,
We are manufacturing domestic company having turnover around 250 Cr.
We have purchased Car amount to Rs. 35 Lacs on dtd. 06-09-2019.
Sir, can we avail both the benefits i.e. Income Tax Rate @22% and
Additional Depreciation on Car@15%.
Kindly advise.
Rakesh Sharma
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Live class on PF & ESI Enrollment & Returns Filing(with recording)
USEFUL LIFE