Depreciation rate on amusement games
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 December 2012
Dear all,
Can anyone tell me the depreciation rates applicable for games in water park or amusement park under IT Act.Is it 15 % or some other special rate is there.?
Can anyone tell me the depreciation rates applicable for games in water park or amusement park under IT Act.Is it 15 % or some other special rate is there.?
08 December 2012
It is plant & machinery and accordingly depreciation rate of 15% will apply.
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 December 2012
Thank you.
25 December 2012
You are welcome. You should use the thanks button to convey your thanks.
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