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Suitable blocks as per pgbp
what is the suitable blocks of air conditioner as per income tax act 1961. for purpose of calculation of depreciation
Replies (2)
Quick Summary
If it is used in factories you can included under plant and machinery.
if it is used in office you can keep under furniture.
this is my opinion others may tell that it will be under plant and machinery.
if it is used in office you can keep under furniture.
this is my opinion others may tell that it will be under plant and machinery.
Ramaraju is right.
electrical appliances are classified as furniture.
only in case where its installed in factory premises it is taken as plant and machinery.
electrical appliances are classified as furniture.
only in case where its installed in factory premises it is taken as plant and machinery.
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