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Depreciation on CCtv Camera

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(Querist)
20 February 2010 Respected Sir,
shall be CCTV Camera affixed in the factory premises of the company depreciate?

In which group it will fall?

Wht will be the rate of depreciation as per Co. Act & Income Tax Act?
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Sanjeev SAINI

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Sanjeev SAINI (Expert)
24 February 2010 It shall be consider as plant & machinery
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Sanjeev SAINI

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Sanjeev SAINI (Expert)
24 February 2010 Rate of Depreciation is 15%



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CA PARTH SHAH

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CA PARTH SHAH (Expert)
27 August 2012 According to me cctv camera must be attached with a computer, so it can be charged at 60% dep as per income tax

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