Income Tax depreciation rate for server and network


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This discussion clarifies the Income Tax depreciation rate for servers and network equipment. Initially, it was suggested they qualify for a 60% rate as part of a computer system. However, it was confirmed that the standard Income Tax depreciation rate for computers, including servers and network devices, is 40%.

29 September 2023 Dear Experts,
Can any one guide me what is the Income Tax depreciation rate for server and network
Thank you

29 September 2023 Such devices used as part of the computer in its functions and, thus, it can be termed as `computer' only, therefore, eligible for depreciation @ 60%.

29 September 2023 Dear Seetharaman Sir,
Thank you, but IT depreciation rate for computers is 40%.
Could you guide me

29 September 2023 In such a case adopt 40% .

29 September 2023 Dear Seetharaman Sir,
Thank you very much for your support. Now i understood.

30 September 2023 You are welcome...
...


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