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Depreciation

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15 April 2020 What will the rate of depreciation for Mobile and under which category it will stand at the time of filling return.

16 April 2020 The rate of depreciation is 15% . It is generally reported under the head Plant & Machinery.

19 April 2020 mobile phone have not a special category in depreciation chart so it is generally fall in plant and machinery (15%) , so we can call that mobile phone depreciation rate is 15%.






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