Depreciation rate
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 August 2012
WHAT WILL BE THE DEPRECIATION RATES ON PANDAL AND SHAMIYANA ITEMS JUST LIKE TENT, CROCKERY AND OTHER UTENSILS OR ITEMS
11 August 2012
DEPRECIATION ON CROCKERY AND UTENSIL IS NOT APPLICABLE.
CLAIM EXPENDITURE WHEN ITS PURCHASED.
CLAIM EXPENDITURE WHEN ITS PURCHASED.
11 August 2012
Depreciation on temporary structure is 100% under the block "Building".
You can even book the fixed asset and claim 100% depreciation in the year of purchase.
You can even book the fixed asset and claim 100% depreciation in the year of purchase.
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