Vishwanath Kumbar (Senior Account Executive) (56 Points)
02 April 2013Dear Sir/Madam,
Please Tell me How to calculate depreciation on Interior decoration and What rate of Depriciation
Regards,
Vishwanath Kumbar
CS RAJESH C.CHOUDHARY
(ASSISTANT MANAGER)
(14607 Points)
Replied 02 April 2013
The rate applicable to furniture & fitting can be followed.
Regards,
RAJESH CHOUDHARY
Khushbu Jaiswal
(CA Finalist)
(528 Points)
Replied 02 April 2013
The depreciation is to be charged @ 15% on furniture in the books of the person in which the asset is accounted for.
JYOTI SHARMA
(SR.ACCOUNTANT)
(28 Points)
Replied 03 April 2013
interior decoration is a part of furniture and fixture. rate applicable for same should be applied.
Naveen Kumar
(Accountant )
(72 Points)
Replied 28 August 2015
Dear Sir/madam,
please Tell me How to account interior decoration charges & deprication charges on interrior decortion. if less than 180days what rate of depreciation will be charge
regards,
Naveen
CAclubindia
