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Rate of depreciation on fixed asset

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 April 2015 xerox machine purchased by company depreciate by which rate under income tax act 1961. please tell block of asset where it should include?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
01 April 2015 Should be depreciated under Pant & Machinery block. Rate of Depreciation 15%.

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