Schedule ii depreciation
This query is : Resolved
05 July 2016
Under which head Biometric System will be covered? A) Electric Installations.
B) Office equipment? Also As per Income Tax Act For depreciation purpose Biometric System Will be covered in Plant and Machinery or Furnitures and Fixtures as the latter covers all kind of electric installations?
Thanks in advance
B) Office equipment? Also As per Income Tax Act For depreciation purpose Biometric System Will be covered in Plant and Machinery or Furnitures and Fixtures as the latter covers all kind of electric installations?
Thanks in advance
Amol S Joglekar
(Expert)
05 July 2016
in normal course, it is Office Equipment
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