Question

As per încome tax rules, depreciation
changable to Intangible block of Assets.
like, know-how, patents, copyright, trademark
license etc can be charged at ----- percentage
1) 20%
2) 25%
3) 15%​

Answer 1

Answer:

I think 1 option is correct answer of your question

Explanation:

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Answer 2

As per income tax rules, the depreciation chargeable on intangible assets is charged at 25%.

Explanation:

• For income tax calculation, the depreciation as per the accounting system is ignored and,

• The depreciation on all assets is charged according to the rates as specified in income tax rules.

• As per income tax rules, the rate of charging depreciation on each asset is different like 40% on plant and machinery, 10% on furniture, etc.

• Similarly, as per income tax rules, the rate of charging depreciation intangible assets is 25%.