Depreciation rate on mobile phone

This query is : Resolved 
 

(Querist) 27 June 2012

Dear Sir/Mam

Pls provide me rate of Depreciation on Mobile Phone


hirenjjoshi (Expert) 27 June 2012

dep rate under company's act for plant & machinery is 13.91 % (mobile taken as plant & machinery)
as per income tax act 15%



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