The Depreciation Rate for Heavy Equipments like cranes
(used in the construction of bridges, flyovers etc ... ) is
30% as per the companies act. If i buy a crane for Rs. 10
Lakh and claim depreciation the cost of the crane in the
2nd year is 7 Lakh and in the 3rd year it is 4.9 Lakh and
in the 4th year it is 3.4 Lakh ...... Can i re-value the
crane in the 5th year to the 2nd hand market price of Rs.
20 Lakh and claim depreciation on it @ 30% ? (Cost of crane
in 6th Year now is 20 Lakh - 6 Lakh = 14 Lakh )
No Answer is Posted For this Question
Be the First to Post Answer
CAN TWO VECHILE PASS TO RAJASTAN FROM NASIK ON ON ROAD PERMIT
whether C form is required to be given when goods are given on sample basis for trial purpose or rejected goods
What is VAT stands for? what kind of VAT it is?
What is deffered tax liability?
HOW TO CALCULATE PF, ESI, VAT, SALES TAX ETC.,
Is Govt staff also paying taxes in India
What is the procedures for withdrawing of form C?
0 Answers Bhel, Mamta Engineering, Pharma,
Service tax on rent (immovable property)?
What is the %age of T.A.,D.A.,H.R.A.,BASIC
IF MATERIAL TRFD. TO OTHER STATE BRANCH AS STOCK TRFD. IN FEBRUARY AND MATERIAL IS RECEIVED BY BRANCH IN THE M/O MARCH. THAN SHOULD WE ISUE A SEPARATE F FORM FOR THE M/O FEBRUARY AND MARCH
what is cenvet credit in vat.
0 Answers Mediocre, Nabard, RBI,
Our firm is 7 years old. We don't have PT registration for partners as well as employee. If we do it now, will it be a problem or how much penalty will come. Any one can give suggestion.