Question
A company purchases machinery worth ₹10 lakh and puts
it to use on 1st December. What will be the depreciation rate and amount for the year under the Income Tax Act?Solution
If asset is used for <180 days, then half rate of depreciation is allowed. Hence, 15% × ½ × ₹10L = ₹0.75 lakh.
Winter Banana is a variety of
Specific yield is also known as
As per 1st Advance estimate of area & production of Horticultural crops 2023, the total Horticulture Production is highest in Uttar Pradesh, followed ...
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Drug used for the cure of constipation and dysentery is originated from which of the following crops?
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According to Planning commission, Indian region is divided into how many agro climatic zones?
Installing 10-12 blue/yellow sticky traps per hectare is effective to manage: -
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Photoperiod insensitive variety of rice
