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Depreciation rates for Hotel equipments

This query is : Resolved 

Quick Summary
The discussion states that hotel and kitchen equipment can generally be classified as Plant and Machinery for depreciation purposes. Accordingly, the applicable depreciation rate under the Income Tax Act is 15%.

26 September 2009 Hello Sir,

I wanted a depreciation rates for
Hotel Equipments
Kitchen Equipments

Thanks

26 September 2009 You can treat the same as plant and machinery and the same rate applicable to plant and machinery to be considered. 15%.

26 September 2009 15%


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