23 November 2011
II. Furniture and fittings 10% Furniture and fittings including electrical fittings [See Note 5 below this Table]
III. Machinery and Plant (1) Machinery and plant other than those covered by sub-items (2), (3) and (8) below : 15%
(2) Motor cars, other than those used in a business of running them on hire, acquired or put to use on or after the 1st day of April, 1990 15%
5. “Electrical fittings” include electrical wiring, switches, sockets, other fittings and fans, etc.
Conclusion Electrical fittings has been defined in appendix 1 to income tax rules, but no defination has been given for office equipment as per me, you should take them as office equipments, since they doesnt fall under the defination of furniture & fixture and electrical equipment.
CAclubindia
