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income tax deprecction in inida

Dec 30, 2016 at 07:31 AM

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Dear All,

How do we address the income tax depreciation in India normally.

As we know the depreciation treatment for Income tax depreciation is a block concept...how do we address that... As you aware there are two options

1 Group asset solution for asset block calculation

2 Block key key configuration and assigning it in the Asset master.

Just wanted to know which is a standard option and used in Indian implementations

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2 Answers

Muralitharan Thyagarajan
Mar 09, 2017 at 10:24 AM
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Indian implementations mostly follow Block key concept.
Please refer to SAP note 738919 for more information.

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Muralitharan Thyagarajan
Mar 09, 2017 at 10:25 AM
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Indian companies mostly use Block key concept.
Please refer to SAP note 738919 for more information on the solution and its implementation.

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