What will be the Rate of Depreciation as per Income Tax Act on Crushing Machine (Crusher) which is used for Converting the Rocks into Gitti?????
Pls Help....!!!
Jai Chawla (Practice) (66 Points)
05 July 2012What will be the Rate of Depreciation as per Income Tax Act on Crushing Machine (Crusher) which is used for Converting the Rocks into Gitti?????
Pls Help....!!!
Aarush
(Delhi)
(1566 Points)
Replied 05 July 2012
To be Grouped in to - Plant & Machinery & chargable depreciation @ 15% as per income tax act.
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