Depreciation rates on zerox & fax machines
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 August 2012
How many % of Depreciation charged on Zerox &
Fax machines as per Income Tax Act 1961.
Fax machines as per Income Tax Act 1961.
CA Rahul Gupta
(Expert)
03 August 2012
It falls under the category of Plant and Machinery so 15% as per the Income Tax Act shall be charged in your case.
03 August 2012
Dear sir
Could u please explain depreciation charges on various categories as per Income tax as well as company tax
Thanks & Regards
Could u please explain depreciation charges on various categories as per Income tax as well as company tax
Thanks & Regards
CA Rahul Gupta
(Expert)
03 August 2012
Depreciation as per Income Tax Act. https://www.justetax.com/453/income-tax-india/depreciation-rates-fy-2011-12/
Depreciation as per Companies Act.
https://www.charteredclub.com/rate-of-depreciation/
You can find Depreciation rate above provided Link
Depreciation as per Companies Act.
https://www.charteredclub.com/rate-of-depreciation/
You can find Depreciation rate above provided Link
Deepanshu Agg.
(Expert)
21 September 2012
15% as per income tax act
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