INSTALLATION OF TOWER FOR LAN NETWORKING BETWEEN UNITS OF CO

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 June 2010 DEAR ALL,
OUR COMPANY HAS 5 UNITS AT DIFFERENT PALACE OF DELHI, GHAZIABAD, NOIDA, GREATERNOIDA. WE ARE USING ERP SYSTEM IN ALL UNITS. FOR LAN NETWORKING BETWEEN ALL UNITS, WE HAVE INSTALLED TOWER IN EACH UNIT.
COST OF TOWER IS 3 TO 4 LACS.
WHETHER IT IS TO CAPITALIZED. IF YES, UNDER WHICH GROUP. AND AT WHICH RATE IT IS DEPRECIATED ???
PLEASE GIVE FEEDBACK ON IT.
THANKS IN ADVANCE.

Aditya Maheshwari

Aditya Maheshwari (Expert)
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07 June 2010 It is like installation of VSAT (Very Small Aperature Terminal) and should be capitalised under that head and should be depreciated at the rates applicable for a machinery i. e. 15%.

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