Depreciation on life saving equipments in hospital


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This discussion clarifies depreciation rules for hospital life-saving equipment, specifically a Colour Doppler machine. While the standard depreciation rate is 40% annually, you cannot claim the full amount retroactively if lower rates were previously applied. Depreciation must be claimed consistently at the established rate for the asset's life.

19 June 2020 For colour doppler machine ( included in list of life saving equipment) depreciation is 40% in a year. Machine purchased in Feb. 2017, depreciation claimed was only 10% to 15% in 2017-18 & 2018-19 ITR.
Can I claim 70% to 80% depreciation in 2019-20 ITR ?

19 June 2020 No, because act doesn't say so.

19 June 2020 Thank you sir. So maximum 40% depreciation can be claimed in current year.

19 June 2020 No you cannot claim it now. You have to continue with that rate.


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