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Discussion > Income Tax > Tax queries >

Depreciation on crusher machine as per it act.

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Practice

[ Scorecard : 61] 		Posted On 05 July 2012 at 15:33 Report Abuse

What will be the Rate of Depreciation as per Income Tax Act on Crushing Machine (Crusher) which is used for Converting the Rocks into Gitti?????

Pls Help....!!!

Gaurav Aggarwal
MBA CA Final CMA Final Persuing Mcom

[ Scorecard : 1500] 		Posted On 05 July 2012 at 15:52

To be Grouped in to - Plant & Machinery & chargable depreciation @ 15% as per income tax act.




Forum D Saiya
Employee

[ Scorecard : 185] 		Posted On 05 July 2012 at 16:16

i agree with Gaurav

Parihar Gopal
CORPORATE TAXATION -LEARNER

[ Scorecard : 301] 		Posted On 05 July 2012 at 16:29

CORRECTLY ANSWERED

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