27 September 2013
Dear sir, Would fan be considered a part of plant and machinery or furniture and fixtures for providing dep both as per companies act and incone tax act and what would be the rate of dep.
27 September 2013
It will come under FURNITURE AND FITTINGS 10% "Electrical fittings" include electrical wiring, switches, sockets, other fittings and fans, etc
CAclubindia
