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Depreciation rate

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Querist : Anonymous

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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
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CA Navin Jain

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CA Navin Jain (Expert)
11 August 2012 DEPRECIATION ON CROCKERY AND UTENSIL IS NOT APPLICABLE.

CLAIM EXPENDITURE WHEN ITS PURCHASED.
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
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.
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