Fixed Assets Depreciation Rats ?
- 4 Answers
- 4989 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / h.r. sreepada bhagi
Rates & method of Depreciation are different under the
Companies Act & the Income Tax in India. For rates &
guidelines Refer the Companies Act (Depreciation Schedule) &
the Income Tax Act. Or refer teh latest Income Tax Ready
Reckoner, where rates under both the Acts are available.
Rates are also available on the Internet/websites of Income
Tax Department / Department of Company Affairs.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / raheem ps
Rates & method of Depreciation are different under the
Companies Act & the Income Tax in India. For rates &
guidelines Refer the Companies Act (Depreciation Schedule) &
the Income Tax Act. Or refer teh latest Income Tax Ready
Reckoner, where rates under both the Acts are available.
Rates are also available on the Internet/websites of Income
Tax Department / Department of Company Affairs.
i may guess that the above mentioned is correct coz., the rate of percentage has to be imposed by the national r central tax authority and has been vary from year to year.hence, there is no permanent fixed % for it
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / prabha
Fixed assets depriciation prescribed by the company law
| Is This Answer Correct ? | 0 Yes | 0 No |
What is put option, call option, mutual fund?
Expand---------RTC
Whether the medical bills( both Hospitalization and out- patient)submitted and reimbursed to the service provider has not taken initially as value for the purpose of Service Tax, now demanding retrospectively i.e. from 2009-10 on wards(as Demanded by Service Tax Department). Whether Reimbursement is Service Tax chargeable?. Further, Vehicles were provided to them by the service recipient and the Fuel bills were directly paid to the Petrol bunk by the Service recipient. Is that also Service Tax chargeable?
am attend to bank exam(iob)pls send model questions
0 Answers Indian Overseas Bank,
My brother studying B.Com(Comp)third year from Osmania University. He want to be settled in Accounts(Taxetion). Which subjects he have perfect to reach is goal. plz give ur good suggestions...
what are the rules and regulations of junior accountant
What are the duties of sales tax department? Explain it
What do u mean by CTC.
Compare and contrast the accounting procedure followed by a sole trader and a partnership firm.
what is portfolio management?
7 Answers Cap Gemini, Capital IQ, Genpact,
what is cc limit and what role accountant play to maintain it?
What is BRidge Loan?
Audit 
