Depreciation % on water purifier


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Water purifiers are generally classified as office equipment for depreciation purposes. Under the Income Tax Act, depreciation rate applicable is usually 10% if treated as office equipment used in business operations.

18 August 2021 Depreciation % on water purifier

Read more at: https://www.caclubindia.com/experts/ask_query.asp

21 August 2021 Water purifiers are classified as office equipments

23 September 2021 As per Income tax act.... 10%.


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