Depreciation on crusher machine as per it act.

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Practice
66 Points Posted on 05 July 2012

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....!!!

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On 05 July 2012 at 15:33 Report
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Delhi
1566 Points Posted on 05 July 2012

To be Grouped in to - Plant & Machinery & chargable depreciation @ 15% as per income tax act.

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On 05 July 2012 at 15:52
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Employee
212 Points Posted on 05 July 2012

i agree with Gaurav

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On 05 July 2012 at 16:16
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Corporate Taxation
392 Points Posted on 05 July 2012

CORRECTLY ANSWERED

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On 05 July 2012 at 16:29

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