Profit and gain business or profession
manoj bisht (39 Points)
18 September 2017
What is the present depreciation rate of computer including computer software
12 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 18 September 2017
60%..................
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 19 September 2017
Sorry its 40%......
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 19 September 2017
Yes...
AY 2018-19 it's 40% only...
AY 2018-19 it's 40% only...
MOHD AFROZ
(STUDENT)
(1480 Points)
Replied 19 September 2017
Agree with CA Rashmi Gandhi view, Maximum rate of Depreciation is 40%.
https://www.in.kpmg.com/taxflaashnews/CBDT-Notification-Rules-amended-to-restrict-depreciation-rate-at-40-per-cent-1.pdf
manoj bisht
(39 Points)
Replied 19 September 2017
Please tell me this rate is application for examination of ipcc which will be held on may 2018
MOHD AFROZ
(STUDENT)
(1480 Points)
Replied 19 September 2017
Its applicable for the assesment year 2018-19.
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