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ecostatt.com News !!! :
Anticipatory Income Tax Calculator and Arrear Relief (Form 10 E) calculator for FY 2025-26 have been published in ecostatt.com
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Agricultural Income Tax and Sales Tax Test - Paper III
Choose the correct answer from the following options
2. Polyester Electronics Ltd purchased machinery worth Rs. 3,00,000/- on 1st January 2009 and spent Rs. 50,000/- on its creation. The machinery is depreciated 10% per annum. The amount of depreciation under diminishing balance method is :
A
Rs. 40,000/-
B
Rs. 5,000/-
C
Rs. 30,000/-
D
Rs. 35,000/-
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