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Profit and gains of business or profession

Others 256 views 3 replies
R/s, mam/sir, what percentage of depreciation is charged on new p&m and on which value?
Replies (3)
@ rate of 15% on the value appearing in fixed assets
Yes... I agreed to Mr Rahul Karke.,

Depreciation rate @ 15% for plant & machinery...

In case new one purchased from October then we will provide depreciation @ 15% /2.
Check if eligible for additional depreciation


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