Depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 September 2012
Can Anaesthesia machine be treated as LIFE SAVING MACHINE as per Income tax act for the purpose of claiming depreciation on such machinery @ 40%
17 September 2012
Ventilator used with anaesthesia apparatus is life saving equipment for income tax.
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