Easy Office
LCI Learning

Depreciation rates

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
21 September 2012 Depreciation rates of following:
1.Fire Extinguisher
2.Filter
3.Air Compressor
4.Heater
5.Rectifier
6.Temparature Indicator
7.Turbine Blower
8.Weighing scale
Profile Image

Deepanshu Agg.

Profile Image

Deepanshu Agg. (Expert)
21 September 2012 As per income Tax Act, depriciation rates is 15% ( i.e under plant & machinery block)
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 September 2012 Will all this assent fall under palnt and machinery block



Profile Image

Deepanshu Agg.

Profile Image

Deepanshu Agg. (Expert)
22 September 2012 Yes Plant & machinery is the only block where these assets could be classified

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links