Dear friends,
A pvt limited company has bought the following on 30 May 2015.
Furniture and fittings - Rs. 89,500/-
Desk top Computers - 62,700/-
How to compute depreciation for this?
CA Harshal Totla
(Chartered Accountant)
(2229 Points)
Replied 13 June 2016
jhonny
(NA)
(156 Points)
Replied 14 June 2016
Is it necessary to provide for 5% of cost as residual value?
CA Harshal Totla
(Chartered Accountant)
(2229 Points)
Replied 14 June 2016
jhonny
(NA)
(156 Points)
Replied 16 June 2016
is it possible to follow WDV method now? i mean can we use WDV formula for new company formed in 2015-16?
CA Harshal Totla
(Chartered Accountant)
(2229 Points)
Replied 19 June 2016
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)