Depreciation

This query is : Resolved 

27 August 2012 Respected Sir,

Kindly do inform me, Can We Claim Dep @ 60% on CC TV Camera for one of our client having business of Manufacturing of Brass Parts Item ???

Do give reply as early as possible.

Thanking you in advance

28 August 2012 It is neither a computer nor a software.
So, how do you want to claim 60% depreciation.

If it is used in the office, then "office equipment" will be the correct head.
Else apply general rate of machinery.



All the Best.....

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Guest (Expert)
28 August 2012 you can claim depreciation @ 25% as on machinery or office eqp. not as computer @60%




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