pls all , mobile & mobile battery depreciation rate send ,
mobile & mobile battery depreciation rate
sunilpali (OPERATION HEAD(TAX AND AUDIT)) (129 Points)
02 September 2010
CA Navin Jain
(MANAGER (FINANCE & ACCOUNTS))
(11768 Points)
Replied 02 September 2010
Mobile is come under the block of plant and machinary and dep. rate as per income tax act is 15% and as per companies act is 13.91%
CA.G.Muguntha Narayanan
(Internal Auditor at TVS Motors)
(2195 Points)
Replied 02 September 2010
S. Agree with Mr.NAVIN
sunilpali
(OPERATION HEAD(TAX AND AUDIT))
(129 Points)
Replied 02 September 2010
Originally posted by : CA Navin Jain | ||
Mobile is come under the block of plant and machinary and dep. rate as per income tax act is 15% and as per companies act is 13.91% |
MOBILE INCLUDING MOBILE BATTERY
RAJKUMAR DUREJA
(Chartered Accountant)
(94 Points)
Replied 02 September 2010
Yes, it comes under plant and machinery ,dep rate as per companies act 13.91% and as per income tax act 15%.
Mohana Harish
(AUDIT TEAM LEAD - CA FINAL)
(468 Points)
Replied 02 September 2010
t Comes under Plant & Machinery: Under Income Tax Dereciation Rate @ 15%.
CHIRAG DEEPAK GANATRA
(CA FINAL)
(1054 Points)
Replied 03 September 2010
Mobile 15% & 13.91% is correct