block of assets

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 August 2010 what items are included in OFFICE EQUIPMENTS head for depreciation purpose of any individual??
to which block does mobile handsets, air-conditioners, inverter belong (for individual) ?

Aditya Maheshwari

Aditya Maheshwari (Expert)
Follow

11 August 2010 Under office equipment. Depreciatiable @ 15%.

Message likes : 1 times

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
Follow

11 August 2010 Agreed.. Block : Office equipment & Rate : 15 %

Message likes : 1 times

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
Follow

11 August 2010 Under Office Equipment
You can show
1. Cooler
2. AC
3. TV
4. Inverter
5. Mobile handset
6. Photo Copy Machine
7. Fax Machine
8. Water Cooler
9. CCTV Camera
10. Audito System
11. Digital Camera
12. Aquagaurd
etc.

Depreciation rate on office equipements 15%

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

11 August 2010 wont air-conditioner belong to electrical equipments (as fans & other electrical fittings do) ?

Aditya Maheshwari

Aditya Maheshwari (Expert)
Follow

11 August 2010 No ac's will not fall under electrical installations. Those are electricals like electrical fitting like wires and bulbs and tubelights.

Message likes : 1 times

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
Follow

11 August 2010 tHERE ARE TWO HEAD
ELECTICAL CIVIL : IN WHICH TUBELIGHT/ CEILING FAN/WIRE/SWITCH/EXAUST FAN/ WALL FAN ETC ARE COVERED.

ELECTRICAL INDUSTRIAL :
IN WHICH ELECTRIC PANEL, TRANSFORMERS, CONTROL BOX, MCCB, LT PANEL, POWER SUPPLY UPS , STABLIER, ALLUMIUM CABLE, ELECTRIC CABLE ETC ARE COVERED

AIR CONDITIONER ARE SHOWN UNDER HEAD OFFICE EQUIPEMENT ALWAYS.
IF IT IS ATTCHED WITH MACHINE I.E PART OF MACHINE, THEN IT WILL UNDER HEAD PLANT & MACHINERY.

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