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What is the depreciation rate for computers?
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Answer / koteswararao
Depreciation:- It is the allocation of the historical cost
of an asset across its time periods, when the asset is
employed to generate the revenues is called the
Depreciation. The Rate of Depreciation on computers are 60%
as per the income tax act.
| Is This Answer Correct ? | 36 Yes | 4 No |
Answer / syed razvi
IF the Computer is Purchased Before 3.10. then Depreciation
is 60%.
If the Computer is Purchased after 3.10 then its
Depreciation is 30% i.e; (Half rate)
| Is This Answer Correct ? | 27 Yes | 6 No |
Answer / rajni
i want to know that if we deducte the more than 4 party 's
tds what is the procedure for filling the return in tds
software plz help me .... thanxs in advance [advertising
agency]
| Is This Answer Correct ? | 13 Yes | 3 No |
Answer / reshma shah
THE DEPERECIATION OF COMPUTER IS DIFFER FROM THE ONE
COMPUTER TO THE ANOTHER & DEPERECIATION MEAN WEAR & TEAR OF
THE MACHINARY IT MEAN IT IS BASED ON THE TYPE OF THE
MACHINE if the machine is so old than the buyer may charged
the less amt on it.
| Is This Answer Correct ? | 7 Yes | 15 No |
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I have a existing Oracle applicttions and need to bring one of the new business on it. The new business will use GL, AP and FA. We will use existing COA. This business will have 3 sets of books (1- tax book, from April to March; 2- Primary book, from July to June; 3- Reporting book, from July to June); All books will have same currency; HOW DO I TRANSFER DATA FROM PRIMARY BOOK INTO TAX AND REPORTING BOOKS EVERY MONTH OR ON WEEKLY? IS THERE ANY STANDARD ORACLE PROCESS WHICH CAN BE SCHEDULED? THE REPORTING BOOK WILL HAVE DIFFERENT DEPRECIATION METHOD SO HOW DO I NOT TRANSFER DEPRECIATION FROM PRIMARY TO REPORTING BOOK AND DO SEPERATE DEPRECIATION IN REPORTING BOOK FOR THE SAME ASSET THAT IS ALSO IN PRIMARY AND TAX BOOK?. HOW DO I APPROACH ON SETTING THESE NEW SETS OF BOOKS? Thanks, KK
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