Depreciation
Vatsal (Student) (453 Points)
24 September 2016
Whether Depreciation allowed on cctv fitted in the office as per income tax act,1961?If so than what will be the rate?
CA Lucky Mehta
(CA in Practice)
(60 Points)
Replied 24 September 2016
It should be depreciated in block of Plant & Machinery @ 15%p.a.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
