Become Govt. Certified GST Practitioner in just 58 hrs. Register Now!

Dep on head phone

rahul (Student) (36 Points)

31 October 2015

shall i claim 60% depreciation on Head phone? is it correct?

Reply
Follow
Share

4 Replies

Karthik.V.Kulkarni (Chartered Accountant) (594 Points)
Replied 31 October 2015

No you cant you have to treat it as office equipment.

Upgrade to CAclubindia Pro. Subscribe Now!

CA AnKiT BoHrA (AB) (Manager) (25955 Points)
Replied 31 October 2015

had you charged it as an asset ???

why dont you expensed that...

and if you had charged it with the mobile itself, then charge depreciation on mobile na...

rahul (Student) (36 Points)
Replied 31 October 2015

suppose company purchase 100 computer along with head phones cost rs computer25000+headphone5000, computers including computer software but they did not mentioned particularly headphones have not eligible for depreciation in depreciation table, that means it will be included, why we cannot claim the depreciation for headphones?

Karthik.V.Kulkarni (Chartered Accountant) (594 Points)
Replied 31 October 2015

Head phones are eligible for depreciation under office equipments at the applicable rate. It cannot be claimed as computers as it is not indespensible for working of a computer. Thus same cannot be teamed with computers even though you are using it with conputers.