Depreciation

This query is : Resolved 

03 August 2016 So should I charge depreciation @60% or shouldn't I?

04 August 2016 What is the nature or class of asset you are referring to?

13 August 2016 Till now Printer is Charged @15 % instead of 60% so should I Change the depreciation in the current FY to 60% ....... If I am a Pvt Ltd Co.

14 August 2016 The existing practice of charging 15% is correct.

14 August 2016 Data processing equipment such as computers, laptops etc. are eligible for 60% depreciation as per Income Tax Rules, 1962. (New Appendix 1 to the Rules).


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