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Depreciation on Printer

Shashi Bhushan (Learner, Jalandhar) (996 Points)

08 November 2009

according to income tax act what is the rate of depreciation on printer.

60% or 15%

in one seminar i heard that printer can work as independent component also so rate is 15%

but in other seminar i heard that its part of computer so 60%.

pls reply with reference.

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19 Replies

varun (Article-CA Final) (129 Points)
Replied 08 November 2009

Depreciation on printer should be 60%

Checkout this link for reference

https://www.taxguru.in/income-tax-case-laws/allowability-of-deduction-under-section-80-ia-of-it-act-against-income-derived-from-inland-container-depot-icd-itat-delhi.html

1 Like

Debashis Mandal (Business & Tax Consultancy) (341 Points)
Replied 08 November 2009

Dear friend Shashi Bhushan

my question is how a printer can act as an independent component?

without the command of computer can a printer do any thing? again what about 5 in one printer where printing, scanning, photocopy , fax & telephone all things are available, then what will be the rate of depreciation?

Thanks

Debashis

Sunil (Trader) (2611 Points)
Replied 08 November 2009

Debashishji, some printers like the multifunction ones that have copier and fax in it can also work independently.

Depends on what you treat the item as. What is only a printer cannot work without computer and is an integral part of the computer system @ 60%. In that respect any peripheral that cannot work without drivers installed in a PC are part of the PC.

An all in 1 can be used even without the PC as a xerox machine or a fax. The only functions depending on PC with drivers is scanning and printing. In MY VIEW even if this is the case I would still take it in the computer block as most of them have ability to be remotely connected to a network and can be accessed in the network via a client PC only. finally the essential function is printing and scanning that requires PC. Even Fax requires PC if the faxing job is not a printed output but done through software itself. Essential character of the equipment is printing and that cannot be done without PC.

CA Abhiram Bharat. (Assistant Manager Taxation) (508 Points)
Replied 08 November 2009

printer cnt act independetly ...60%...

(Guest)

It was held in the case of Samiran Majumdar that Computer printer shall be elegible for depreciation @ 60% along with computer.

Prakhar Gupta (articleship) (32 Points)
Replied 08 November 2009

Depreciaton on printer is 60% coz its identity cannot b seperated frm a computer.

Manmohan ACA, CS (Chartered Accountant ) (14243 Points)
Replied 08 November 2009

15%

(Guest)

15%

(Guest)

Friends printers are actually output unit of computer. Monitor also output unit of computer. Will you provide 15% for monitor, keyboard etc. In early year printers are only output device for computer and not monitor. Monitor came in later stage. Printers are part of computer. So Depreciation on computer is 60%.

(Guest)

60% depreciation along wid computer.........

Vivek Mehta (CA, DISA,CS, MBA) (I am in Practice and also giving understanding and guidance to the Students of CA Final and IPCC for various subjects esp for Direct Tax.) (1629 Points)
Replied 09 November 2009

Depreciation on prinetr will b at the rate of 60% as without computers it wont b of ny use....printer forms the integral part of Computer now a days so it will b regarded as its part only n hence Depreciation at the rate of 60%