Depreciation rate
This query is : Resolved
30 August 2017
Sir,
Is DVD Writer& UPS eligible for 60% depreciation under Income Tax
Is DVD Writer& UPS eligible for 60% depreciation under Income Tax
30 August 2017
Yes eligible for 60% rate of depreciation.
30 August 2017
If the assessee is covered under proviso to rule 5 of the the IT Rules,1962, then rate is 40%.
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