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Rate of Depreciation for Air conditioners.
Is the rate of depreciation for A/c is 40%
Replies (3)
Quick Summary
No rate 15% and show block in plant and machinery
15% on Air Conditioner under IT act
If it use in office then as in office equipment it will be 10%
but if it is for production propose then as in plant and machinery it will be 15%
but if it is for production propose then as in plant and machinery it will be 15%
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