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Depreciation on Air Conditioner.
Depreciation rate on AC machine in AY 2021-22 ?
Replies (2)
Quick Summary
Depreciation on Air conditioner as per Income tax act is 15%
If it is used for production purposes otherwise 10%.
If classified for office equipment 15%.
It's all depending on useful life.
If classified for office equipment 15%.
It's all depending on useful life.
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