pl work out my problems.
Solve solve solve-----------------------
intermediate(ipc)course (no) (1460 Points)
16 February 2012
intermediate(ipc)course (no) (1460 Points)
16 February 2012pl work out my problems.
huma shehnaz
(student)
(61 Points)
Replied 16 February 2012
Ans. 1)
Under Sum of Year Digit Method,
Sum of the years = 6 + 5 + 4+ 3 +2 + 1 = 21
Net Value of the Asset = Rs. (136000-10000) = Rs. 126000
Depreciation for the 1st year will be = 126000 * 6/21 = 36000
Depreciation for the 2nd year will be = 126000 * 5/21 = 30000
Depreciation for the 3nr year will be = 126000 * 4/21 = 24000
same like above,
Depreciation for the fourth year will be = 126000 * 3/21 = 18000
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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