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If i want to pay less tax,which method of depriciation
should be adopted?
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Answer Posted / h.r. sreepada bhagi
As mentioned by Mr.Md.Abdul Qader, There is only one method
of Charging Depreciation, i.e. WDV u/s 32 of the Income Tax
Act, 1961. This applies to block of assets and is calculated
@ full rate prescribed for the assets used for more than 180
days & @50% of the prescribed rate for the assets used for
up to 180 days during the previous year relevant to the
assessment year.
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