Hi ,
can any one tell me what is the depreciation rate for video Conferencing equipment under wdv method or the rate of computer 33.33% can be provided for that need guidance on this .
Thanking you,
Bharani
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Depreciation rate for video conferencing equipment
Replies (1)
In income tax Act or Companies Act, depreciation for Data processing System is prescribed & Video Conferencing Equipment is not a data processing machine so you have to calculate depreciation under the rates of plant & machinery i.e. 15% as per I.T. Act & 13.1% as per companies Act.
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