Depreciation

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Querist : Anonymous

Querist : Anonymous (Querist)

21 July 2013 Can anybody tell me the depreciation rate of laptop ? How much to be taken if purchased on 18.10.2012 for Rs.46500.00

CA Sourabh Agarwal (Expert)
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21 July 2013 For Income Tax, it is 60%. But in your case, since it is used for less than 180 days, you have to take 30%.

Querist : Anonymous

Querist : Anonymous (Querist)

22 July 2013 Thanks dear

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