Rate of depreciation
This query is : Resolved
Ramana Somineni
(Querist)
09 September 2012
Can any one tell me what is the rate of depreciation in the following case:
one person running a business of hiring Audio and video equipments(TV's etc.)what is the rate of depreciation as per Income tax act on above?
one person running a business of hiring Audio and video equipments(TV's etc.)what is the rate of depreciation as per Income tax act on above?
CA Ilayaraja
(Expert)
09 September 2012
(1) Machinery and plant 25%
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