What is Rate of Deprication in JCB ? Whether it is 30% or 15% ? Me had taken 30% Depreciation in JCB and ITO had question me that why you have taken 30% deprication it should be 15% and he had given a case law for the same - "MAGTRON EARTH MOVERS V/S ITO 2011.. ???
Menu
Deprication
Replies (1)
The rate of Depreciation of JCB is 15% as per the case and it is correct. :)
Recent Threads
- Warehouse Registration, Whether mandatory?
- Time limit for claiming Input GST credit
- Gst rate and Sac code or RCM attract
- Poll: Do you spend > 30 min/day fixing Tally JSO
- Interest on Accident Claim by Minor
- Capital Gain and Basic Exemption Limit
- Loan to wife and interest income husband income or
- AOC-4 is not being filed
- Returning the shares gifted by daughter?
- Gst tax rate
Related Threads
CAclubindia
