Income tax depreciation rate
This query is : Resolved
16 August 2013
WHAT IS A RATE OF DEPRECIATION APPLICABLE IN CASE OF FOLLOWING ASSETS
1. TELEVISION
2. REFRIGERATOR
3. PROJECTOR
GUYS IT'S URGENT PLEASE REPLY
1. TELEVISION
2. REFRIGERATOR
3. PROJECTOR
GUYS IT'S URGENT PLEASE REPLY
17 August 2013
1.Rates are different as per Companies Act and Income Tax Act.
As per Income Tax Act it is 15% per annum.
As per Income Tax Act it is 15% per annum.
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