Depreciation
This query is : Resolved
30 April 2008
What is the Percentage of Depreciation to be calculated for Television and Stabilizer(for the assessment year 2006-07).Will Stabilizer comes under Electrical Fittings category.
30 April 2008
TV will fall in block II "Furniture and Fittings including Electrical fittings"
and rates for A.Y. 2006-07 is 10%. Stabilizer will also fall in same block with same rate.
and rates for A.Y. 2006-07 is 10%. Stabilizer will also fall in same block with same rate.
30 April 2008
Thank You Sir.
01 May 2008
The asset must be used in connection to the business. Do verify whether the assets mentioned by u are business assets or personal assets
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