what is the depreciation rate for UPS? 60% is right?
17 Replies
sudhakar ca cwa
(service)
(1518 Points)
Replied 24 November 2010
yes as per income tax act it is correct
Nisha
(Chartered Accountant)
(47 Points)
Replied 24 November 2010
UPS would fall under the category of Computers
Rate as per Cos Act- 40%
Rate as IT Act- 60%
Santhosh Poojary
(SIEMPRE AHÍ PARA TI)
(15607 Points)
Replied 25 November 2010
As per IT ACT its 60%.
Manmohan ACA, CS
(Chartered Accountant )
(14243 Points)
Replied 25 November 2010
Hmmmmmmmmm...........
Manoj BG
(Tax Professional and in Service)
(1795 Points)
Replied 25 November 2010
ABSOLUTELY RIGHT. 60% CORRECT. GO AHEAD DEAR
REGARDS,
MANOJ
M .K. Jha
(CA Final)
(484 Points)
Replied 25 November 2010
This is Right.....
UPS would fall under the category of Computers
Rate as per Co. Act- 40%
Rate as IT Act- 60%
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