Classification of ceiling fan.


This query is : Resolved 

Quick Summary
A ceiling fan is generally classified as office equipment, not furniture and fittings, for accounting and depreciation purposes.

(Querist)
29 July 2015 Should i classify ceiling fan as office equipment or furniture and fittings. Both head has different rate of depreciation in income tax as well as in companies act. Please clarify.

29 July 2015 It will be clearly classified as Office Equipment only.


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