Depreciation calculation
This query is : Resolved
04 April 2016
What is the percentage of Depreciation for Items purchased for our society for the FY 15-16
1, Computer software
2, Furniture
3, Computer & printer
4, Airconditioner
5, Multi Functional Printer
6, Water Dispenser
7, Steel Magazine stand
8, UPS
9, Microwave oven & Fridge
Experts kindly reply how to calculate depreciation and its percentage for each item as I am doing Accounts finalization for the first time.
1, Computer software
2, Furniture
3, Computer & printer
4, Airconditioner
5, Multi Functional Printer
6, Water Dispenser
7, Steel Magazine stand
8, UPS
9, Microwave oven & Fridge
Experts kindly reply how to calculate depreciation and its percentage for each item as I am doing Accounts finalization for the first time.
05 April 2016
check this site http://hubpages.com/money/Depreciation-rates-for-Income-Tax-Act-AY-2012-13
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