The manufacturer's service attitude is good and the design plan is more reasonable.
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Extremely reliable coarse crushing equipment
Reliable quality and long service life
Mobile crusher is a more complete, systematic and flexible modular solution that we offer to our customers.
A new generation of high-efficiency coarse and medium-fine crushers: CI5X series impact crushers
·The Calculator is in Excel Format and it helps in Calculating depreciation as per Rates Prescribed under Rule 5 of Income Tax Rules Read with Section 32 of Income Tax Act 1961 The Calculator is easy to use and determine depreciation rate
Project Report On Stone Crusher Plant Stone crusher plant Royalty as imposed by the Geology and Mining department is paid on mined stones as per rates fixed in respective regions COST OF PRODUCTION PER ANNUM Description Amount Rs 1 Total Working Capital 48 24 000 2 Depreciation 10% 2050000 205000 3 Interest on term loan
The following table showcases the depreciation rate as per Income Tax Act 1961 charged on assets Asset Block Type of Asset Rate of Depreciation Buildings Residential Buildings barring boarding houses and hotels 5% Buildings Boarding Houses and Hotels 10% Buildings Temporary construction structures 40%
·Depreciation under the Companies Act 1956 differs from that of the Income Tax Act Only depreciation rates prescribed under the Income Tax Act are allowed irrespective of the depreciation rates charged in the book of accounts Goodwill and cost of land are not eligible for depreciation
·Yes I agree Depreciation rate on AC depends on its usage If AC is being used in Office and is not involved indirectly or directly in production process it shall be considered as Office equipment and 10% depreciation will charged Else it shall be a Plant & Machinery and depreciation would be charged at 15% pa
·Like the jaw crusher the cone crusher provides a relatively low cost crushing solution but there are application drawbacks that may make another crushing solution more appealing First cone crushers cannot accept all material sizes Any material fed to the crusher must be pre sized for that particular crusher usually 200mm or less
·Lower Depreciation Depreciation can be claimed at lower rate as per income tax act But for the next year your wdv will be considered as reduced by the percentage of depreciation prescribed For eg if an asset is of Rs 1 lakh and 80% depreciation is prescribed for the asset and you charge only rs 30 000 as depreciation in this case next
·Depreciation Rates as Per Income Tax Act Scribd Depreciation Rates as Per Income Tax Act Free download as PDF File pdf text file txt or read Manjeet Stone Co [1991] 190 ITR 183 Raj ; Vehicles plying » Free Online Chat Depreciation rate on computers as per Income tax Act Income Tax II Rates of Depreciation Applicable 2006
·The assessee claimed depreciation at 40 per cent on the trucks which was allowed by the Income tax Officer but subsequently the Commissioner of income tax exercising his power under section 263 of the Income tax Act came to the conclusion that the rate of depreciation at 40 per cent is allowable only when the assessee was carrying on the
3 ·Depreciation Rates as Per Income Tax Act in FY 24 25 Depreciation implies a decrease in the value of an intangible or tangible asset over time While determining the financial statement of a business entity calculating the depreciation of an asset utilised in a business is essential as the ITA mandates deduction of the same from the profit and
·Some Important Points If part of Asset is of significant value calculate separate depreciation for the part For Packaging Machine of ₹ 1 crore has book value of 10 lakh in 9th year of its use and a major part is replaced for ₹ 80 lakh Here replacement part is of significant amount
·Depreciation as per Income Tax Act As per Section 32 an assessee can claim depreciation on Fixed Assets only if the following conditions are satisfied 1 Assessee must be the owner of the Asset Registration of the Owner need not be necessary 2 The Asset must be used during the Previous Year
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·Either Full Depreciation or Half DepreciationIf asset is put to use for 180 days or more in the year of purchase then full depreciationOtherwise half depreciationIf asset purchased and used on last day of the year still half depreciationNote Date of Put to Use is important not Date of PurchaseCut
·Here in this article we will discuss about the Applicability of depreciation; Different type of methods to calculate depreciation and Rates of depreciation as per Income Tax Act 1961 Depreciation An Overview Section 32 of the Income Tax Act 1961[1] regulates & governs the depreciation in respect of
·Less Depreciation at block rate if WDV at the end of year is positive Closing value of the block of the asset at the end of the year If the amount of WDV comes at a negative amount then no depreciation is allowed and the amount will be considered as capital gain and the closing WDV will be zero
Depreciation under the Companies Act of 1956 differs from that under the Income Tax Act As a result depreciation rates established by the Income Tax Act are only permitted regardless of the depreciation rates charged in the books of accounts The assessee must own the assets entirely or
·Can anyone tell me what is the rate of depreciation for Borewell as per the Income Tax Act Any help is greatly appreiciated Income Tax Tax queries Become a Certified GST Practitioner Batch begins 18th Nov Register Now
·Depreciation as per Income Tax Act 1961 Depreciation is calculated on a pro rata basis Depreciation calculation is done either full rate or half rate based on 180 days criteria Pro rata basis It is calculated from the date of purchase of
·IAS 16 that was issued in March 1982 also replaced some parts in IAS 4 Depreciation Accounting that was approved in November 1975 In December 2003 the Board issued a revised IAS 16 as part of its initial agenda of technical projects The revised Standard also replaced the guidance in three
Additional Depreciation In case of any new machinery or plant excluding ships and aircraft acquired and installed after March 31 2005 by an assessee who is engaged in the business of manufacture or production of any article or thing additional depreciation under Income Tax Act of 20% of actual cost shall be From 2013 14 the same is also allowed to
·what is the rate of depreciation on library books in case of a school as per Income tax Act 1961 what is the rate of depreciation on library books in case of a school as per Income tax Act 1961 Become a Certified GST Practitioner Batch begins 18th Nov Register Now News Income Tax GST Students Corporate Law Audit More
In the first fold it has pleaded that Ld CIT A has erred in allowing deduction u/s 80IB of the Income Tax Act and in the second fold it has contended that additional depreciation u/s 32 iia is not available to the assessee because assessee is a stone crusher and 2 ITA No 3874/Del/2009 Asstt year 2006 07 not engaged in the manufacturing
