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Rate of Depreciation of sports equipment

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16 June 2017 Sir/Madam.. what will the rate of depreciation that a school should charge on purchase of sports equipments or materials
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
16 June 2017 No specific rate for such items. But 15% can be considered as per sl.no III(1) of Appendix I ( RULE 5).

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