Deperication Rate


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The standard IT depreciation rate for air conditioners is set at 15%. In addition, the Companies Act specifies a useful life of 15 years for these assets. This information is crucial for accounting and tax purposes.

20 July 2020 Sir

Please proivde the deprication rate % of Air Conditioner

21 July 2020 Depreciation rate will be 15% on Air Conditioner as per IT

21 July 2020 Further more Useful life as per Companies Act is 15 years


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