May I know what are the rates of depreciation for charging depreciation over livestock over the period of last 10 years i.e. from the Assessment year (2001-02) to (2011-12)?
Thanks and regards
Pramod Deshpande (Treasurer) (24 Points)
19 September 2011May I know what are the rates of depreciation for charging depreciation over livestock over the period of last 10 years i.e. from the Assessment year (2001-02) to (2011-12)?
Thanks and regards
Prakash
(Chartered Accountant)
(560 Points)
Replied 19 September 2011
Firstly There won't be any depreciation for Live Stock, No depreciation rates either
The way of tratment for Live stock is different
There is one monograph on accounting for Live stock issued by ICAI, I'm searching for that
I will get back to you
CS RAJESH C.CHOUDHARY
(ASSISTANT MANAGER)
(14607 Points)
Replied 19 September 2011
no depreciation on live stock dear.
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