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
Menu
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.
Recent Topics :
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
- Difference in TIS
- GSTR-9C Upload Status Error Occured
Related Topics :
CAclubindia
