Depreciation


This query is : Resolved 

17 May 2018 Dear Sir,

We are using 200 Ltr PH capacity of RO Water Purifying System for Our Office use. What is the depreciation rate 15% or 80% or else pls guide me......

Thanking You
Vijayakumar V

17 May 2018 15%.
Ps:- Now maximum rate of depreciation is restricted to 40% vide IT (29th
Amendment) Rules,2016

17 May 2018 Thank You sir. Maximum in this case or all assets

17 May 2018 All assets ,please read the reference given in Ps.

17 May 2018 yes thank u sir.... Its applicable from 1st April 2017...


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