Can any help me out.....
What is the rate of dep we charge as per IT Act for "Earth Moving Machinery"
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Depreciation rate for earth moving machinery as per it act
Replies (2)
Depreciation @ 15 % is to be charged on Earth Moving Machines.
Regards,
Devendra Kulkarni
15% is correct. But also the examine the chance of taking additional depreciation of 20%
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