plz help
what is rate of depreciation for books ( other than annual publications ) which is use in normal business
Menu
rate of depreciation on normal books ?
Replies (6)
What is the nature of business
60%. But for libraries it is 100%.
books owned by the assessee carrying on profession - 60% (does not include annual publications )
annual publications and library books and any other books so defined - 100%
annual publications and library books and any other books so defined - 100%
business is general store
and purchase book for basic accounting ie dk goyal
plz specified the rate of depreciation
and purchase book for basic accounting ie dk goyal
plz specified the rate of depreciation
I think it should be 15 %
Books for publication
Other books
As per Assessment year 2020-21??
Recent Threads
- Refund due to change in GST Rate Tobacco Products
- Lease related query can we rent out lease ?
- Planning of Ceased a Business i.e Closure of Compa
- Property value in 26QB
- Form 26QB Multiple Buyer/Multiple seller
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
Related Threads
CAclubindia
