Depreciatiopn

niloy sanyal (account manager) (777 Points)

21 February 2017  

This Year ( F.Y. 2016-17) We have Purchased a new Machine Value 1.10 Crores dated 12/01/2017 &  Production Start 02/02/2017 . Now Our Question is which process Income Tax (ITR 5) Depreciation Calculation for the above Machine after year ending  because Online Depreciation Calculation always auto claculate 06 Month basis .