depreciation rate
This query is : Open
anil gupta
(Querist)
29 June 2011
Dear expert,
what should be the rate of depreciation on cctv camera installation.
thanks
anil
what should be the rate of depreciation on cctv camera installation.
thanks
anil
29 June 2011
DEP RATE AS PER COMPANIES ACT IS 13.91% & DEP AS PER INCOME TAX ACT IS 15%.
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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