Depreciation
This query is : Resolved
30 June 2009
Dear sir,
i want to ask what is the depreciation rate on Airconditioner as per income tax act
thanks and regards
i want to ask what is the depreciation rate on Airconditioner as per income tax act
thanks and regards
Guest
Guest
(Expert)
30 June 2009
According to Income Tax Act - 15 %
and Companies act 13.91 %
and Companies act 13.91 %
30 June 2009
15%
30 June 2009
Deepak is correct.. and in case of companies act its minimum rate.. you can take more than this
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