Dep
This query is : Resolved
18 July 2012
what is the rate of depreciation on ATM MACHINE??
18 July 2012
Please refer:
http://taxguru.in/income-tax-case-laws/atm-computer-equipment-depreciation-allowable-60.html
Please refer:
http://taxguru.in/income-tax-case-laws/atm-computer-equipment-depreciation-allowable-60.html
19 July 2012
ATM can be depreciated @ 60% vide Mumbai ITAT decision dated 14/03/2012 in Saraswat Infotech Ltd Vs. ACIT.
19 July 2012
i agree with B Chakrapani sir
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