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Form-12 Calculation of Depreciation Rate Name of the Company Tamil Nadu Generation and Distribution Corporation Ltd. Name of the Power Station TG TPS Year SL. No. (Rs.in lakhs) 2007-08 G r Gross Block
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What is form-12 calculation of depreciation?
Form-12 calculation of depreciation is a form used to calculate and report the depreciation expenses for assets owned by a business. It is typically used for tax purposes.
Who is required to file form-12 calculation of depreciation?
Businesses that own depreciable assets and are subject to tax regulations are required to file form-12 calculation of depreciation.
How to fill out form-12 calculation of depreciation?
To fill out form-12 calculation of depreciation, you need to provide information about the depreciable assets, such as their cost, useful life, and depreciation method. This information is then used to calculate the depreciation expenses.
What is the purpose of form-12 calculation of depreciation?
The purpose of form-12 calculation of depreciation is to accurately report the depreciation expenses of depreciable assets owned by a business for tax purposes.
What information must be reported on form-12 calculation of depreciation?
Form-12 calculation of depreciation requires the reporting of information such as the asset description, cost, depreciation method, useful life, accumulated depreciation, and depreciation expense for the reporting period.
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