Easy Office
LCI Learning

Depreciation

This query is : Resolved 

02 September 2013 Please let me know the depreciation rate on Freezer used in Ice-cream Parlour...

02 September 2013 Can the CA as per renewed system requirements on the income tax e-filing site upload both Audit Report and ITR on behalf of the client?????

02 September 2013 Dear Pankti,
The freezer will be a part of plant and machinery and thus the depreciation rate applicable to it will be 15%.

No, the Audit report has to be uploaded by the CA from his own login id.
Whereas the ITR has to be done so by using the client’s user id and Password. Hence, both of them cannot be done together.

Also, after logging into the client’s ID, the audit report filed by the CA has to be approved.

If you have any further queries, please feel free to ask

- Ankit


02 September 2013 Thank you Mr. Ankit. My further query is that both the Audit Report and the ITR will be uploaded using the same system and hence it will both be having the same IP Address. Will this thing pose any problem?

02 September 2013 You are welcome….

Yes you can use the same PC for the uploading the ITR and the Audit report…
No problem in that.

Also, since you asked about 3CD…just have a look at point no 14 (Depreciation Schedule) in the form…that is a problem area…

02 September 2013 Please elaborate...

02 September 2013 Pankti,

have sent you a PM in this regard...

plss have a look



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




Answer Query