Rates of Depreciation
This query is : Resolved
20 May 2010
what is the rates of Depreciation on Air Conditioner
20 May 2010
Air Condition is treated as Office equipment as per I.T. Act, an shall be depreciated @ of 10%.
20 May 2010
Air conditioner will be treated as Plant & Machinery, accordingly dep. rate will be 15%
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