Dear Team,
One of my client purchased car on nov 2012 for business purpose.The asset cost is 609234 and Agreement value is 790200. Which price should be capitalised and what is the depreciation rate and amount?
Dear Team,
One of my client purchased car on nov 2012 for business purpose.The asset cost is 609234 and Agreement value is 790200. Which price should be capitalised and what is the depreciation rate and amount?
Dear,
on assest cost and dep. @ 15% for half year as the car purchased on nov,2012.
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Thanks & Rgds,
Vijay.S
CAclubindia
