Depreciation
This query is : Resolved
26 March 2014
Sir,
Books and Charts, Lab equipments in schools and college constitute plant or what? pls also tel the dep rates
Books and Charts, Lab equipments in schools and college constitute plant or what? pls also tel the dep rates
26 March 2014
books and charts 100% depn and lab equipment in my opinion form the part of furniture and qualify for 10% depn as you are not actually producing from that equipment. you are just using this lab equip. as of other assets like benches,air condition etc.
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