Dear Sir,
As per fixed assets schedule whether D G Set, tools, jigs and moulds are coming under plant & machinery or not.
regards
Solomon. A
1 Replies
Tribhuvan Aditya Singh
(Student as well as Self-employed)
(3710 Points)
Replied 11 June 2014
D G Set will come under plant and machinery but tools, jigs and moulds will come under tools and equipments. however depreciation on both group will be at the rate of 15%
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