Depreciateion rates for the a.y 2011-12
This query is : Resolved
21 April 2011
depreciation rates for the a.y 2011-12
for following assests
1.typewriter
2.fax machine
3.computer system
4.furniture
5.motor vehicle
6.air conditioner
7. office equiptment
and also want to know if the purchase is made in the month of november and feb the dep will be charged for full year or half year
for following assests
1.typewriter
2.fax machine
3.computer system
4.furniture
5.motor vehicle
6.air conditioner
7. office equiptment
and also want to know if the purchase is made in the month of november and feb the dep will be charged for full year or half year
21 April 2011
as per income tax act
1.typewriter - 15%
2.fax machine - 15%
3.computer system - 60%
4.furniture - 10%
5.motor vehicle- 15%
6.air conditioner - 10%
7. office equiptment - 15%
if assets is used for more than 180 days than u shall claim dep. at full rate otherwise half rate
1.typewriter - 15%
2.fax machine - 15%
3.computer system - 60%
4.furniture - 10%
5.motor vehicle- 15%
6.air conditioner - 10%
7. office equiptment - 15%
if assets is used for more than 180 days than u shall claim dep. at full rate otherwise half rate
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
- GST Regis.
- Inventory of finished goods
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Disallowance of Section 43B(h) to sez units
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Confusion around Form 26QB fields
- Applicability of Ind As to associate of associate
- Sale of property furniture sale
- Gst input for FY 23-24
- Tax on capital gains revoked us 54f
- Company Incorporation - CA and directors signing from different states
- Filing of Form 10BB instead of Filing Form 10B
- HSN Details in IFF/GSTR-1 & in GSTR 9
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- 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?
Trending Online Classes
CAclubindia
