01 January 2018
Dear Sir, What is the rate of depreciation in case of tent house business, in respect of following assets. Building shed Shamiyana ( Pandal) Utensils Bamboos Light and Light fittings
01 January 2018
You can claim 100% Depreciation on shed, Bamboos,Tent House,Lightings, if furniture and utensils exceeds above 5000/- Individual cost Depreciation can be charged @10%
CAclubindia
