depreciation on computers
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's the difference between Income Tax and P.Tax?
Calculate debtors at the end of the year? debtors-50000, bad debts-2000, discount allowed-1000, 5% on bad debt, 2% discount allowed?
0 Answers OPI Global, Patra Corporation,
What is difference btween Form-cForm-D,Form- h,excise,MODVAT, VAT? How many types of forms available?
what is city commodity tax
when an endorsed bill dishonored, for the endorsee, it become the laibility? 1)of the drawee 2)of the drawer 3)of the payee 4)of the indorser
If we taken TIN No.for sale in intra & interstate , CST No.also required to take? ?
what is tax asesssement.
2 Answers Genpact, Rising Agriland,
Who will prepare Esugam
i have a question that if i need to deduct wct on contract but the supplier don't have the vat registration what shoul be done?
what is tds ?
HOW CAN TAKE THE MAXIMUM GRAUITY (EX RS.3.5 LAC)
We had received form16A from one corporate company, against they made payment about Rs.49,000/- on 25/06/08, What i Should do this form ?