depreciation
This query is : Resolved
08 January 2009
1. What method of depriciation is applicable as per companies act 1956 (wdv or slm) in books of account?
2. what are the depriciation rates on "pollution control equip." & "energy saving equipment", on "live stock" & "book" as per companies act 1956 (both as per "wdv" & "slm")?
2. what are the depriciation rates on "pollution control equip." & "energy saving equipment", on "live stock" & "book" as per companies act 1956 (both as per "wdv" & "slm")?
08 January 2009
1.Company can choose any one of them.
2.Schedule X1V of the Companies act,1956
contains the depreciation rates. But the
list do not contain the items specifically
asked by you. So you have to select the
appropriate rate most suitable to you
from the said schedule.
2.Schedule X1V of the Companies act,1956
contains the depreciation rates. But the
list do not contain the items specifically
asked by you. So you have to select the
appropriate rate most suitable to you
from the said schedule.
08 January 2009
You can either follow straightline or WDV.
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
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Should I report my US salary for January, February, March in Schedule FA?
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- 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
