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Depreciation Rate on Computer

mudit sipani (article) (26 Points)

07 April 2018

DEAR SIR
PLEASE CONFIRM ME DEPRECIATION RATE ON COMPUTER FOR F.Y. 2017-18

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11 Replies

CA Naveen Chand (Chartered Accountant) (12729 Points)
Replied 07 April 2018

60% AS PER ITA

A B Kundu (Professional) (1422 Points)
Replied 07 April 2018

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.

(Guest)

40%

RAJA P M ("Do the Right Thing...!!!") (127125 Points)
Replied 07 April 2018

Depreciation on Computer @ 40% In FY 17-18

mudit sipani (article) (26 Points)
Replied 08 April 2018

thanks to all

Aditi Gupta (Student) (20 Points)
Replied 07 April 2018

it's 40%

Puneet Taneja (Finance Professional) (1149 Points)
Replied 21 September 2020

It's 40% for FY 17-18

shahyar husain (1235 Points)
Replied 05 December 2020

Depreciation rate on computer in FY 2017-18 was 40%.

Indira Priyadarsini Kota (Practice) (590 Points)
Replied 05 January 2021

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

CA Sachin M Jain (CA | GST | Refunds | Advisory | Litigation) (1313 Points)
Replied 05 January 2021

Depreciation Rate was restricted to 40% .

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Ritik Chopra (student) (8123 Points)
Replied 13 February 2021

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.