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Q: What is rate of depreciation on machinery in India?
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What is the expansion of EBITDA?

Earnings Before Interest, Taxes, Depreciation and Amortization.BySatish Sreekumar,Madras, India


Machinery sold what is the accumulated depreciation?

All equipment owned by a business should be listed on the corporation's income tax return each year. This page of the report is called the Depreciation Schedule. Each year the taxpayer should report any new equipment purchased and also tell his accountant which items of equipment were sold or disposed of by the owner. The corporation's accountant increases the depreciation each year to offset income and thereby reduce taxes. The depreciation amount taken each year is usually higher than the actual physical depreciation occurring due to weather and use. To determine the accumulated depreciation on a piece of equipment, look at the last tax return available to see what the number is on the Depreciation Schedule. The actual value of the equipment sold will be higher than the Purchase Price New minus the Accumulated Depreciation. A good rule of thumb would be to add back 1/2 of the accumulated depreciation to get a ball-park idea of the fair market value. Better yet - have the equipment appraised by a Certified Machinery & Equipment Appraiser (CMEA). For more information on this subject, go to www.nebbinstitute.org. An interesting and helpful article on farm equipment that discusses depreciation, recaptured depreciation and capital gains tax related to the sale of equipment can be found at www.extension.iastate.edu/Publications/PM1450.pdf. Paul Klinge, CBI, CBC, CSBA The Lincoln Group, Inc. Waverly, Iowa 319-352-0132 Business Transfer Specialists Mergers & Acquisitions Business Valuations Machinery & Equipment Appraisals


User cost of capital?

costs generated by using capital at a certain time for a certain investment, variables which influence these costs are the real interest rate, depreciation rate and costs of capital in the future


Accumulated depreciation and depreciation expense?

Using accumulated depreciation and depreciation expense is a way that businesses can realize the true value of assets. A piece of equipment, for example, is devalued every year by the process of amortizing the asset. This in turn is recorded as depreciation and depreciation expense.


What is present bank rate of interest in India?

According to the Bank of India, the current bank base rate 8.50% as of 7 October 2010.

Related questions

What is rate of depreciation on battery?

13.91% since tubular batery will be grouped under the block plant and machinery


Is depreciation on factory machinery fixed cost?

Yes


Is it necessary to provide depreciation in the business running in loses?

it is necessary to provide depreciation even business is running in loses or in profit because depreciation provides fund for future and remove the burden of fund for purchasing new machinery when old machinery are broken down.


What is the rate of depreciation of air conditioner as per income tax act?

10% is the rate of depreciation on air condition


What is the rate of depreciation of refrigerator?

What is the rate of depriciation on refigerator


What is the Rate of depreciation on refrigerator?

What is the rate of depriciation on refigerator


Accelerated depreciation method?

Accelerated depreciation is method in which double rate for depreciation is used as compare to straight line method.


What Is the rate of Depreciation as per companies act 1956 on computer server?

The Rate of Depreciation on Computer as per Companies Act is 40%


How do you calculate property depreciation in india?

Property depreciation only done on building land is in nature of application


ACCRUAL CASH IS WHAT?

Cash accrual as calculated in most of the banks in India is PAT+ Depreciation


If the 150 percent declining balance method is used and an asset has a useful life of 20 years what is the depreciation rate?

Depreciation rate = 1/Useful life * 100 * 1.5 1/20 = 0.05 0.05*100*1.5 = 7.5 Depreciation rate is 7.5%


What are the advantages and disadvantages of depreciation?

An advantage of depreciation is being able to have a tax deduction. A disadvantage is not being able to calculate the rate of depreciation for each year.