I am an employee in a private organisation. I purchased one
computor for my personal use. can I avail depreciation on
that. If so to what extent?

Answer Posted / soraav chauhan

YOU CANT CLAIM FOR DEPRECIATION .YOU WILL FILE ITR-1 FOR
SALARY PURPOSE.

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Under the provisions of the BST Act, no registered dealer is allowed to collect any amount by way of tax in excess of the amount of tax payable by him. Excess tax collected is to be forfeited to Government. However i want to know whether tax payable amount is the amount before the set off claimed or the tax payable amount after availing the set off.

1458


If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?

2637


Dear Sir, Regarding for WCT, IF FORM DVAT-43 MADE FOR DELHI STATE.So Is there any Form availabe for Haryana State. Would request you to please let know Answer in Yes or No or which form is available for HR State If do you have any kind of list for same please have suggested me.

3684


What is the eligibility criteria of C-Form(Manufacturing goods of borewell bits, Hammers, Drilling Tools and Air compressors, etc..). If such company will purchase safety shoes, buyer can eligible to issue C-Form?

4946


If we use google licence in our office for one year.Google raised invoice annualy. so that on which section tds will be deducted.

1545






what is the objective of business taxation in private company?

2120


What is cenvat credit?

1857


How to calculate excise duty on mobile products?

1399


How much is the tax & surcharge % against d-1 form. on cement,steel,electrical item,RMC,

2775


please tell me friends what are the formats of excise return and vat return?

1697


What is the procedures for withdrawing of form C?

1773


How tax deduction at source is deducted

1520


Who is to paid income tax and what is the procedure of filling income tax return?

1552


What is Labour Cess? Pl. define. & what is rate of Labour cess.

4154


how to caluclate the central exicse duty? how to implemting in to tally ERP9?

1612