06 May 2016
Dear Experts, Plz clarify weather dep. Is to be Calculated on block of assets or on Perticular assets if on block of assets then practically why do we calculate the dep. On perticular assets.. Assume in the block two assets is consist One is eligible for 10% and another is Eligible for 15%: Regard Vishal ojha
06 May 2016
Assets eligible for 10% will considered in one block and assets eligible for 15% will be considered in other block. Block will not consist assets with different rates of depreciation.