can any body give me light how the tax depreciation is calculated, any method to be followed
3 Replies
Swaminathan
(Chartered Accountant)
(84 Points)
Replied 31 December 2008
IT depreciation is on Written Down Value basis on block concept.
CA Ravish Trivedi
(The Possibilities are Infinite...)
(772 Points)
Replied 31 December 2008
Yes Dereciation is calculated on the wdv of Block.
R.Suresh
(Sr. Executive)
(394 Points)
Replied 31 December 2008
All are following WDV method with Block wise.
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