Depreciation for Printer

Tax queries 3761 views 25 replies

15%

Replies (25)

15%

depreciated @ 60%...........
 

15% as per income tax act

If the printer cannot be used without computer then the rate of Depreciation will be 60% 

But if the Printer can be used without the use of computer then it can be depreciated at 15%

Here again there is a n issue, like some printer comes with photocopier etc which can be used without attaching them to computers, but for printing purpose they need to attached with computer then the rate will be 60%.

Some printers like flex printers come with memory card port, usb port which can perform its main task of printing without being attached to a computer then they are to be depreciated at 15%

On all preherperial of Computer depreciation to be charged is 60%

60%
 

If Printer is working as a part of computer then its dep. rate is 60%., But if Its office equipment then dep. will be charge @ 15%

If Printer is working as a part of computer then its dep. rate is 60%., But if Its office equipment then dep. will be charge @ 15%

If Printer is working as a part of computer then its dep. rate is 60%., But if Its office equipment then dep. will be charge @ 15%

agree with mr.nitin.

Hi Keshav
You can calculate for circle stickers the depreciation rate by dividing one by the number of years of useful life—an item with a useful life of five years has a 20% depreciation rate. If an asset with a useful life of five years and a salvage value of $1,000 costs you $10,000, the total depreciation in the first year is $1,800


CCI Pro

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