Deepak Deepu 03 December 2020

Desktop on depreciation or expenses

I had purchased desktop for business purpose can I claim depreciation
whether it's expenses or capitalization
if it's capitalization and what rate depreciation applicable

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4 Replies

ATUL Y 03 December 2020

Desktop is a asset and you should have to claim depreciation for this asset ay a rate of 60%.

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JATINDER KUMAR (Accountant) 04 December 2020

Depreciation rate is 40%

rama krishnan 04 December 2020

It has to be capitalized... depreciation rate is 40%

ATUL Y 04 December 2020

Depreciation rate will be 40%( AY 2018-19 onwards)
Wrongly I said 60% in my previous reply , I am sorry for that.

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