Air conditioner depreciation

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164 Points Posted on 15 January 2021
air conditioner depreciation
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On 15 January 2021 at 10:07 Report
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This discussion clarifies the depreciation rates applicable to air conditioners. The standard rate is 15% per year. If a newly bought AC is put into use after 30th September (less than six months of use in the financial year), the depreciation is halved to 7.5%. Furthermore, air conditioners installed in factories for manufacturing purposes qualify for an additional 20% depreciation.

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7 Points Posted on 15 January 2021
DEPRECIATION @ 15% on AIR CONDITIONER
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On 15 January 2021 at 10:22
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Chartered Accountant
24588 Points Posted on 15 January 2021
15% depreciation
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On 15 January 2021 at 12:15
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17269 Points Posted on 15 January 2021
15% full year
7.50% if newly bought AC put to use after 30th Sept that is less than 6 months
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On 15 January 2021 at 15:15
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Accountant
4533 Points Posted on 15 January 2021
Depreciation will be at the rate of 15%.if air condition is fixed in factory used for manufacturing additional depreciation @ 20% will also available
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On 15 January 2021 at 22:08

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