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Depreciation

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(Querist)
12 December 2018 at what rate Coffee machine would be depreciated
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CA Rinkal

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CA Rinkal (Expert)
12 December 2018 it depends on your business, if you involved in restaurant business, it would be your plant and machinery and you can claim depreciation @ 15%, if the same is used for personal purpose, no depreciation could be claimed.

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