Depreciation

depreciation of computer
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Quick Summary
This discussion clarifies the depreciation rate for computers under the IT Act, which is generally 40%. However, a key point is made regarding purchases made after 30th September 2019. For these specific purchases, the depreciation rate for the financial year 2019-2020 is reduced to 20%.

Depreciation of computer 40%
As per IT act depreciation rate @ 40% for computer...
Rate is 40%.

but if bought after 30-9-2019 then it will be 20% for FY 2019-2020.

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