If i want to pay less tax,which method of depriciation
should be adopted?

Answer Posted / mohd abdul qader

Indian Income Tax Act has prescribed the only method of
charging depriciation u/s 32 is written down value method
by combinig assets in to blocks according to their
percentage of depriciation, so this is the method you have
to follow

Is This Answer Correct ?    8 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is calculate of tds

1537


IF WE ARE WORKING IN PHARMA COMPANY & I SEND THE MEDICINE SAMPLE TO THE SALSMAN IN VARIOUS PLASE OF INDIA THAT TIME MADE INVOICE OR ANY OTHER CHALLN OR RECIEPT WHAT AS PER LAW ANY TAX APPLIED IN THE INVOICE & WHICH FORM WILL BE REQUIRED HOW TO GET IT, PLEASE GIVE ME DETAIL ALL INFORMATION WITH EXAMPLE & WHAT ENTEY OF THIS TRANSATION IN BOOKS OF ACCOUNT

1606


if company is registered in West Bangal and goods are purchased from Maharashtra for export, and export will be done from Maharastra, then who can issue the H form?

1430


What is FBT & Service Tax Remittances?

1802


Where can i get IFAM Banglore details, i came to know that there they are giving Accounts & Taxation Training on Real Projects, and they are providing Job after training. I got one number that is not reachable i.e 9591777526. Please give me if any one knows this Institute details.

1525






how much TDS required in telecommunication services ? Any types of Telecommunication, provider or services receiver

1502


why VAT not charged in deemed sales bill.

1741


Who are non resident?

692


what is the difference between vat 100 and vat 120?

2046


I am an employee in a IT Company. While filling out the form it prompts to fill - Details of Tax deducted at source from Salary (as per form16) and then it again prompts to fill - Details of Advance tax and Self Assessment Tax. if i fill both the columns, i get end result as 2 times of Tax i paid and a refund.

2150


meaning of accessory for central excise purpose

3998


What doyou mean by assesment order? and for what purpose it will be passed?

1590


Can you please provide me the present VAT precentages in Andhra pradesh and other states CST persentages with good's wise.

1554


Hellow this is ravindra wanted to know about excise duty rates pls suggest

1482


How can I Proceed to my client regarding Advertisement Bill as we are dealing in advertising agency and also clear us can we deduct TDS on their bill? For Example we receive a bill from The Sandesh Ltd. of Rs. 50000/- and they do not mention service tax in the bill. So, Kindly provide the Guidelines regarding This Problem.

1588