Depreciation rates on zerox & fax machines

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 August 2012 How many % of Depreciation charged on Zerox &
Fax machines as per Income Tax Act 1961.

03 August 2012 It falls under the category of Plant and Machinery so 15% as per the Income Tax Act shall be charged in your case.

03 August 2012 Dear sir


Could u please explain depreciation charges on various categories as per Income tax as well as company tax


Thanks & Regards


03 August 2012 Depreciation as per Income Tax Act. http://www.justetax.com/453/income-tax-india/depreciation-rates-fy-2011-12/


Depreciation as per Companies Act.
http://www.charteredclub.com/rate-of-depreciation/

You can find Depreciation rate above provided Link

21 September 2012 15% as per income tax act



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