what is the depn. rate for mobile in income tax act ? whether it be consider at 60% as computer as it perform similar function like sending e-mail etc.,
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Rate of depn. on mobile in income tax
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Mobile comes under the block of plant and machinery and dep. rate as per income tax act is 15% and as per companies act is 13.91%
agree with Mr. Aryan... 15% dep. should be calculated.. being plant & machinery..
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