what's the depreciation rate on ELECTRIC PANEL as per income tax?
Menu
Depreciation
Replies (3)
As per Income tax Act, ELECTRIC PANEL is part of Plant & machimery so rate of depreciation that is apply is 15%.
quarry solved
15%
Recent Topic
- Revamped traces portal, conso file download failed
- Due date of ITR for Option Trader
- Cancelled invoice entry
- Debt Mutual Fund Tax in New Regime
- Amount distributed by a Co-op. Hsg Society to its
- Delayed reported invoice in GSTR1
- Kusumgar IPO Listing Date: Shares Debut on BSE, NS
- When is Diwali in 2026? Date, Muhurat Timing and D
- Amount received by son from PPF closure proceeds o
- Clarification on Nature of Payment Code for NRI Pr
Related Topics
CAclubindia
