depriciation
This query is : Resolved
17 April 2009
Hi,
What should be the depriciation charged on refrigerator?
Thanks,
What should be the depriciation charged on refrigerator?
Thanks,
17 April 2009
Refrigerator will be included in the block of furniture & Fixture s well as machinery depending upon the nautre of business and use of it.
17 April 2009
Most possibly it will included in P&M and 15% depreciation will be charged as per IT.
CA.ViVeK M ACA
(Expert)
17 April 2009
It will be traeted as a part of Plant &machinery and the rate will be 15%pa.
CA.Tarun Maheshwari
(Expert)
17 April 2009
Refrigerator shall be part of office equipments if not a part of plant and macheinery, but the dereciation rate shall be the same i.e 15%PA.
Manmohan ACA, CS
(Expert)
17 April 2009
15%
taxindiaconnect
(Expert)
01 May 2009
The refrigrator is a part of the office equipments and the rate of 15% applies. I Agree with Tarun.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
