Whether Computer Printer and Computer Networking are also eligible for 60% Depreciation rate under income tax Act ???
yes it is 60%
computer printer is a machinery therefore dep rate is not 60% but correct rate is 15%
hi,
could some one can tell me on which basis computer printer are classified as machinery ?
Your are not logged in . Please login to post replies Click here to Login / Register
More recent discussions | Post
Srinath Manikanta
Hyderabad
CA Inter
Continental Belting Pvt Ltd
Mumbai
B.Com
SANKARAN & KRISHNAN
New Delhi
pushpganga ventures
Pune
CA
Amplio Invest
M.Com
Codeboard Technology
Chennai
Abic and Mani Chartered Accountants
Kottayam
Zerdi & Co. Chartered Accountants
India's largest network for finance professionals
Alternatively, you can log in using: