depreciation on computers
- 4 Answers
- 5204 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / guest
Depreciation on computers is 60% on reucing bal Method
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / raj kumar grover
If u purchase computer before 1 October then u deducted the
depreciation 60% otherwise u deducted half rate.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ramesh
According to co. act 1956,As per Schedule XIV -Dep rate for Data processing machines including computers if method is
1.WDV 40.00% or SLM 16.21% (p.a.).
Dep is charged per day basis.
AND
according to Income Tax Act 1961, Dep rate for computer is 60% on wdv basis other than some entity i.e. Railway & electricity deptt where SLM method is used.
Dep will be charged with half of 60% if it is purchased & put to use on or after ist oct.
| Is This Answer Correct ? | 0 Yes | 0 No |
what are accounting principles
I am register delear in Maharashtra state, I sold pulses to a register delear in Andrapradesh state. In Andra state tax is applicable on pulses, but in Maharashtra pulses are tax free, So I have to take "c" form from buyer party or not ?
For the Quarter Oct-Dec 2008, we hav to give the service tax purchase bills and Sales bills whose payment are cleared in that particular quarter. if i missed any of the bills for the filing? shall i submit the missing bills inthe next quarter(Jan - Mar 09)?
is Discount Allowed Indirect Expences?
Q.No.1) I paid Salary to our staff after deduction TDS. what is the journal entry pass at that time of payment of salary only, and then at the time of payment of tds. and the last date for payment of TDS Q.No.2) Suppose I paid Salary In advance due to that officer is take business tour at the end of the month in after deducting TDS. Now What is the journal entry Salary Advance & Payment of TDS. and when i will pay TDS for This Situation. Kindly Help me
WHAT WE DO FOR SERVICE TAX IF A PURCHASER RAISE A DEBIT NOTE FOR OUR SERVICE BILL. PLEASAE EXPALAIN THE PROCEDURE WITH EXAMPLES
whaT is TDS? give the rates. Procedure for preparing the same?
Who will be authorized to collect Luxury Tax ? Is ther any form of returns for luxury tax? Bar & Restaurants are charging Luxury Tax @10%, is there any accountability for collection of luxury tax.
pls define central sales tax , how will show in invoice a cst rate on interstate sales with-out c -form and against c form . clear it
Do companies pay exactly same amt of P.F (as employer's Contribution )as deducted from employee's salary Eg. employee's cont. 5000/- employer's cont. 5000/- is it
How to adjustment of CST ? and also tell me about C-Form affairs ?
What is difference between Gross salay and CTC?
Audit 
