Tax Depreciation on Printer & Computer Networking

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CA
86 Points Posted on 06 May 2008

Whether Computer Printer and Computer Networking are also eligible for 60% Depreciation rate under income tax Act ???

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On 06 May 2008 at 16:45 Report
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PRACTISING TAX ADVOCATE
834 Points Posted on 06 May 2008
yes they are eligible for 60% dep
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On 06 May 2008 at 17:20
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service
104 Points Posted on 07 May 2008

yes it is 60%

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On 07 May 2008 at 17:03
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C A
7080 Points Posted on 07 May 2008
yes
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On 07 May 2008 at 17:40
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C.A.Final Student
99 Points Posted on 08 May 2008

 

computer printer is a machinery therefore dep rate is not 60% but correct rate is 15%

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On 08 May 2008 at 08:28
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artical assistant
78 Points Posted on 08 May 2008

hi,

      could some one can tell me on which basis computer printer are classified as machinery ? 

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On 08 May 2008 at 15:49

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