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Fire safety.

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 April 2014 is purchase of fire safety a cpital goods or a office equipment and depriciation is deduct on it or not
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
25 April 2014 it is an exp and not a capital asset n no depreciation can be claimed.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
25 April 2014 very much a depreciable item. please refer to a similar query raised on caclub https://www.caclubindia.com/forum/rate-of-depreciation-86469.asp#.U1pVyaIa28A
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