Depreciation

Rate of Depreciation on CCTV & Mobiles ?

Replies (5)
Quick Summary
This discussion clarifies the depreciation rate for CCTV cameras and mobile phones. It confirms that the standard rate, as per the Income Tax Act, is 15%. This rate is generally applied to plant and machinery, which includes these types of assets.

15% depreciation
Income tax ka rate keh rhahey
Haa 15% as per IT act
Yes general plant and machinery and hence 15%
It's 15%

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