Input on capital goods

You can claim ITC for capital goods purchased provided it is not restricted u/s 17(5). If you do claim ITC then you have to capitalise just the Taxable Value and claim depreciation on the same.

If you decide not to claim ITC then capitalise the entire invoice value and claim depreciation on the same.

ITC can be availed on capital goods at once (100%) 

Important Note : Depreciation shall be charged on reduced value (i.e., Cost - ITC claimed)