EASYOFFICE
EASYOFFICE

depreciation on mobile below 20000/- value

This query is : Resolved 
Profile Image

Profile Image

(Querist)
04 September 2010 can i take full amount of fixed asset value of mobile to depreciation mobile value below 20000/-
Profile Image

CA Ketan Jain

Profile Image

CA Ketan Jain (Expert)
04 September 2010 As per companies Act there is no such restriction to claim full depreciation it is as per company's policy.

But as per IT Act u can not claim 100% Dep.

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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links