depreciation rate



What is the income tax depreciation rate for browsing center computers
 
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chartered accountant

Computers and computer software-40% w.e.f 1.4.2017


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Finance Professional

40%

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SLM or wdv??
 
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wdv
 
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so why are we taught SLM ! 😅
 
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accounts

Yes, block of assets in IT are depreciated as per WDV, & computers & peripherals are depreciated at 40%.


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is there any reason behind doing so by Income tax authorities
 
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Student

The Rate of Depreciation of Computers and Computer Software is 40% under W.D.V Method.

Income Tax Department recognises only Written Down Value Method ( WDV ) of Depreciation.

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Can't Computer Softwares Like MS Office, Photoshop be a part of Computer Equipment

 
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