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Rate of depreciation as per i.t. act

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(Querist)
26 April 2012 please let me know the rate of Depreciation on CCTV Camera & Television if the same is installed /held within factory premises & used for Business Purposes as per section 32 of I.T. Act.
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Ashish Bansal

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Ashish Bansal (Expert)
27 April 2012 In my opinion, it will be depreciated @ 15% under Office Equipment Heading.
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Mihir Doshi

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Mihir Doshi (Expert)
27 April 2012 No, it would come under Plant & Machinery head for Income tax act. For Companies Act, it would come under Office equipments.
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