Depreciation Rate on Computer

60% AS PER ITA 

Maximum Depreciation as per income tax is now 40%, hence for compuer item the depreciation also to be charged @ 40%. Till the last year it was 60%, but got amended from Finance Act'2017.

40%                                    

It's 40% for FY 17-18

As per Income Tax Act, 1961

Depreciation rate in FY 2017-18 i.e; AY 2018-19 is 40% on computers including computer software

As per Companies Act, 2013:

Useful life of

 Servers and networks is 6y and

End user devices, such as, desktops, laptops, etc. is 3y

Depreciation Rate was restricted to 40% .

For more details - CA Sachin M Jain .8O975. l5447

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Depreciation rate for Computers including computer software and laptops is 40%. A “Computer software” means any computer programme recorded on any disc, tape, perforated media or other information storage device.