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 |
serice tax can be exempted in calculation of tds on contract wages as exempted like rent on service tax
What is the job of a accountant other than maintening accounts books?What type of Tax he should familiar to work as an Accountant?
How calculate Rent income exemptions from taxable income under income tax act.isnn't 30% of total income???? plz explain with example?
A Accounts Manager of a Company ask You have complete knowledge about income tax. The question is that What things involve in complete income tax
Whether Luxury Tax should be collected on Tariff or on discounted tariff.
what do you mean by return in taxes
If i want to pay less tax,which method of depriciation should be adopted?
Define the 'Input Tax' in respect of Service Tax Act. What type of Input tax can be taken for the credit of tax payble?
How to file the sales tax returns. I am new to this feild. pls help me.
Please let me know the where i submit the manual tds return. & what is the proceser of etds return. Deepak
I want to know the TDS ammount which deducted by company.
Breif discription of excise duty ?