34. Rate of depreciation chargeable on temporary – McqOptions

MCQOPTIONS

1.	34. Rate of depreciation chargeable on temporary
A.	a. 40%
B.	b. 10%
C.	c. 100%
D.	d.50%
Answer» B. b. 10%

Discussion

No Comment Found

Related MCQs

A company purchased an industrial fork-lift for $75,000 in year 0. The company expects to use it for the next 7 years after which it plans to sell it for $10,000. The estimated gross income and expenses excluding depreciation for the first year are given below. The fork-lift will be depreciated according to a 5-year MACRS.:Determine the average tax rate applicable in the first year of operation, using the current corporate tax rate schedule.
24. As per section 30, which expenditure incurred for
51. XYZ Ltd is engaged in production of textile
33. _______Rate of depreciation chargeable on
47. DS acquired a building for Rs. ` 15 lakh in June,
31. The transfer of one or more undertakings as a
What effect would have on the break-even point and expected profit if there is an increase in financing cost?
25. Group of assets falling within a class of assets
A new business was set up on15-11-2008 and
27. Depreciation available, if asset is used for less