What is the rate of Depreciation on computer parts purchased like motherboard, keyboard, switch port, printer and scanner etc as per the Income Tax Act, 1961.
Can we consider few items purchase as revenue expenditure in books of accounts.
Thanks & Regards
Menu
Rate of Depreciation : Income Tax
Replies (1)
Depreciation Rate @ 40% As per Income Tax act
Recent Topics :
- Criteria to hire an article
- Guidence requested for a Finance Professional with
- Expert Opinion Required – Form 140 Gross Amo
- WRONG TAX DEMAND - formal responses , rectificatio
- Foreign remittance
- Affordable Residential Flats in Gurgaon
- Manufacturing
- TAN REGISTRATION ON E-FILLING SITE
- Form 10-IEA – Continuing Old Regime
- Income tax act 2026
Related Topics :
CAclubindia
