Hello Connections,
Kindly do me a favour.
I have to know the Heads of depreciation under income tax for Tent House Assets e.g. Curtains, Iron Pipes, Crockery, Utensils, furnaces, etc.
Whether these are furniture's or Plant and Machinery.
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Depreciation Rates on Tent House Assets
Replies (1)
Yes, you can treat it as plant and machinery.
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