Easy Office
LCI Learning

Depreciation

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 May 2013 My company has puchased furniture on lease worth Rs 3lacs. How should I depreciate it??
Profile Image

CA rohit swami

Profile Image

CA rohit swami (Expert)
18 May 2013 FIRST ENSURE IT THAT WHICH LEASE AGREEMENT YOU HAVE DONE(OPERATING OR FINANCE LEASE). ONLY FINANCE LEASE GIVES ALLOW TO GET DEPERCIATION.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links