DEPRECIATION

KAMAL PODDAR (Querist) 22 July 2009 This query is : Resolved
UNDER WHAT HEAD SHOULD WE GIVE DETAILS OF DEPRECIATION ON CAR BECAUSE THERE IS ONLY ONE HEAD PLANT AND MACHINERY

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KAMAL PODDAR (Querist) 22 July 2009
OK

A V Vishal (Expert) 22 July 2009
Dear Poddar

Plant and machinery includes car hence the amount of depreciation on car must be calculated at the block representing 15% depreciation since the depreciation on motor cars and other vehicles is 15%.

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