Hi All ,
As we all know the Fixed Asset Depreciation would be two ways as per India . A) Company Act , B) IT act.
income tax act depreciation percentage for an asset will be 50% if no of days asset purchased are less than 180 days and depreciation percentage will be 100% if no of days of asset purchased are more than 180 days.
Could any explain me above sentence with an example and does it possible in Axapta ?